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Message: Can anything be done about the PTO?

Can anything be done about the PTO?

posted on Apr 13, 2010 11:34AM

We have all this talk of doing something about the BoD. As I have said before, and as I believe Ron is also suggesting, a plan of action should be put in place so that if, after the magical 120 days, the BoD hasn't at minimum announced plans/actions consistent with what we were led to believe was their intent per the AMS and Gloria's email, we are ready to act. Are we THAT far away? Wasn't an acceptable resultion/input already drafted for submittal? Hasn't it already been submitted? Is that sufficient to get THAT ball rolling?

Okay, all that aside, to the subject I introduce. Is there any action that can be taken to prompt action by the PTO? Anything? Any overseeing entity/agency we could approach with concerns?

I know, we should leave this to Henneman.

But it has now been six weeks since Henneman transmitted his input on the '336 to the examiner. And it has now been over seven weeks since re-exam status went to "Ready for examiner action". All this regarding a re-exam that probably shouldn't have been approved in the first place.

Perhaps we should hit up PTSC for more visibility of Henneman's actions? Prompt some dialogue from Henneman directly to shareholders (via PTSC/TPL) on some reasonable periodic basis (e.g., weekly, monthly)? I, for one, would like assurance that everything that can be done is being done. BTW, I have no "problem" with Henneman, at least based on what I think I know.

All this is based on my firm belief that the PTO/'336 is the current "long pole" needed to prop up this tent. IMO, many - not all - but many of the "issues" we and PTSC face may be overcome by a positive action by the PTO.

And we obviously need it ASAP.

JMHOs,

SGE

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