milestone / Re: The tactic has been defined: Throw dirt enough, and some will
posted on Apr 16, 09 08:15PM
Another interesting issue with respect to the Final Rejection being "ordinary-course" business. I'd be interested to hear your take on reconciling that perspective with the fact that once that action took place, conincidentally, we get this change in position from PTSC as stated by RG durng the CC and prior:
"Well, we addressed that in our press release that went out prior to the call, but essentially because of the activities that are going on today, we cannot comment on any activities around the MMP Portfolio or status them. That was a position that our counsel, SEC counsel reviewed and felt that it was more of a potential jeopardy to Patriot to disclose, and certainly we don’t want to do anything that would jeopardize our commercial success with that asset."
Do you see the timing of this sudden lockdown on even discussing MMP activities in any measure, and the Final Rejection of the '336, as coincidental? To what other possibilities do you attribute this, in a sense, "reversal" of position by PTSC. It's interesting as it seems as though something "material" has happened or is happening to cause this official "quiet period" regarding the MMP. Any thoughts on what precipiated this position by PTSC/TPL?