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Message: Re: Payments to BoD - Milestone

Re: Payments to BoD - Milestone

posted on Apr 09, 2010 04:15PM

I wasn't an investor at the time of the filing so I can't comment on the discussions that took place at the time. Would you explain to me what the highlighted statement refers to. Perhaps I am completely missing the intent.

From Sarbane Oxley

No member

of the Board may share in any of the profits of, or receive

payments from, a public accounting firm (or any other person,

as determined by rule of the Commission), other than fixed continuing

payments

So again I ask, how they could have received payment for consumating a transaction between TPL and PTSC and not be in violation of the above? Along this line of thinking, why then did they not receive payment for consumating a transaction with Crossflo, Avot, Holocom, etc? If they did, where is it documented? It appears they only received payment for working out a deal with TPL?

Who might you suggest would be the best government entity to ask an opinion on this?

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