Was there another agreement just between PTSC and Moore, independent of the agreement between PTSC and TPL? Or, is the below referenced agreement the agreement with TPL and if so, why weren't they mentioned?
10QSB Feb 05
In June 2005, the Company entered into an agreement with the co-inventor of
certain of the Company's technology pursuant to which the Company and the
co-inventor resolved all legal disputes between them. As a result of the
agreement, the Company formed a new limited liability company (the "JV LLC")
with the co-inventor into which both parties contributed their rights to the
technologies. The Company believes, based upon consultation with its attorneys,
that it was not required by applicable law or other existing agreements to
obtain approval for the contribution of the license rights to the JV LLC from
shareholders or any parties other than its various warrant holders