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Message: NuPower JV

NuPower JV

posted on Jun 18, 2008 06:39AM

Perhaps the NuPower JV is being done to help "equalize" PTSC's value versus TPL. If the two companies are on the verge of merging, this may be the final incentive for TPL to move forward. If TPL's valuation is higher due to cash on hand and their Seaforth product line than perhaps the revenue TPL could potentially receive from our JV will bring PTSC's valuation more in line. I'm sure TPL had a hand in determing the potential licensing value of NuPowers portfolio. If that's the case, it certainly lends more credence to a potential merger. That isn't necessarily a bad thing. The Leckrone's could become wealthier much quicker holding the keys to a public company then they ever would with TPL being private.

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Jun 18, 2008 06:50AM
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Jun 18, 2008 06:54AM

Jun 18, 2008 06:57AM
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