Couldn't agree more. PTSC has to establish a market rate for the MMP porfolio and that will not be done until all the recerts are finished. No major infringers are going to purchase until they know what they are buying. There is absolutely no reason to let the big guys off the hook on the cheap, and not enough clarity in product for them to make a major purchase. The way things appear we seem to be in great shape, but the devil is in the details. The first major license will be the most important because it will set the course for the future, so it will probably be arbitrated.

As far as the new CEO is concerned, no effective leader will join until the issues with PTSC and PDSG are resolved. If we pay in stocks... too much uncertainty now, and we need our existing cash. We can always hire a run of the mill guy (which we currently have), but the only problem there is when things finally bust loose we are going to fly, and we need an effective, strong, experienced, decisive leader. And as we all know we don't have a pool from which to pick.

JMO

GLTAL