Just a few thoughts from him:

- TPL are professions / PTSC & BOD are losers

- MMP gets more and more solid as each attack so far could be withdrawn and strenghtes the MMP. The more reex.can be shoot down, the better for the MMP. Reex. itself will decline as less patents will be found to counter the MMP.

- MMP costs will be more or less the same in the future. Engineering costs decline, while legislation cost increase (PTO, travelling....)

- MMP-contacts are increasing/More MMP-licenses will come in. 15.000 products with MMP relevance are registered and 500 companies they are in contact with.

- TPL expects to 2-3 times higher license fees in the near future, with the first wave of recertifications in hand

- 950.000 $ from PTSC to TPL are only for the MMP

- Final PTO action arn't final............

- The PTSC BOD has no plan how to proceed

- Crossflow & Co. have trouble to enter the market and more or less "worthless" at the moment

- Holocom is the only one which makes money and has a good boss

- Share holders put preasure at the Q&A to Cliff and the BOD. The reacted helpless, but contemplative.

He expects the MMP will be a success, but the PTSC BOD isn't able to build up a real share holder value. They therefore think about to enter into a "dividend business" again. IMO, better than buying worthless companies. In the "short" run (1-2 years), another hyp linked with the MMP might be very possible. In the long run ( 5 years) PTSC is gone when the MMP money drains.

What we both didn't get, is the reelection of the current BOD. However, we both don't know much about the way to get rid off a BOD in the U.S.

Best wishes