posted on
Apr 18, 2008 05:17AM
Believe me, I hope you are correct. The disclosures made to date are intentionally (IMHO) ambiguous and therefore subject to multiple interpretations. Tailor-made for TPL and negotiation leverage. PTSC is walking a very fine and dangerous line here. There is plenty of room to provide more information to shareholders (management's fiduciary duty) without compromising TPL's flexibility. Just because other companies do the same thing doesn't make it right, or legal.