Re: Of course it comes down to - SGE
in response to
by
posted on
May 07, 2008 06:42PM
I keep asking "where's the incentive?
for Swartz:
I'm not sure Swartz would even be a player here... he already put over $100M (probably closer to $150M) in profits under his matress thanks to PTSC, you, me and all retail.. but.. Lecky & TPL have to fund:
From Leckeone himself @ April '07 SHM (one yr ago, props to Virt):
Dan Leckrone (The Elder), who seems in a good mood today. Presents a PowerPoint presentation. TPL – Global Intellectual Property Development & Management Company made up of TPL, Alliacense, and Intellasys Home to 32K sq.ft office and 200 employees. New home in a very nice location in Northern California. Intellasys has 8 Design Centers & 3 Sales offices overseas – Paris, Switzerland, Taiwan, I think. Alliacense executes TPL licensing programs, currently 30 employees and growing rapidly. Intellasys has 150 people – 40 PhDs, 80 Masters. All support Alliacense. Core competency is semi-conductor devices covering microprocessor arrays, memory management & control – Flash, and HDTV networking and security. An incomparable array of technical expertise – MMP related; also supports Alliacense MMP program on demand TPL – 30 people, 40 outside lawyers. Corporate support. Core competency – IPA development and litigation management. ---------
.
"where's the incentive?for PTSC management/BoD:
Heck, this one is easy... CJ, Jr & Gloria get to be BoD members for life.. collect their $200-250k per yr for saying 'you bet' at a few meetings every yr.. let the cheap options mount, and sell them if/when the sp happens to appreciate.
.
I never get an answer, other than something ambiguous - ignoring the legalities.
Is the above full of illegalities?
I guess you give no credence to any of my postulating in our previous discussion.. so be it.