Don't we have close to 100 Million shares available? If so, take those shares to purchase the MMP. Maybe purchase TPL, Alliacense along with the MMP. Yes at today's value it's worth 11 million dollars but the potential for Leckrone is huge. If he got 50 million shares and he knew management would be paying dividends, he could be getting a revenue of 5 million a year or sell his holdings in a year for over 50 million.
Might be a nice alternative than a drawn out legal battle where he could lose everything.