Re: (pappythom) Ron, Lamberts, S(Do you read what you write?)
in response to
by
posted on
Oct 23, 2010 12:35PM
IMO we're stuck with TPL as a partner. TPL has all the reverse engineering so it makes sence that they retain the licensing of the MMP. With that said, first I would negotiate with TPL for an approval process where PTSC and perhaps Moore have to approve the license fee amount before TPL can close the deal with an infringing company. I would also set -up more oversight into the MMP licensing expenses claimed by TPL. I would also require a PTSC representative to at least be present in the negotiations with infringing companies to keep DL from any back room dealing or creative accounting.
Next I would establish a payment system for the BoD and management that revolves around the share price appreciation. Payment would be in stock shares to show shareholders that management has more skin in the game and truly will care that the share price appreciates.
Next I would establish a better communication line with the shareholders and improve the language surrounding the patents in particular the 336. By advertising the fact that the 336 has stood up to the USPTO re-examination process virtually unchanged and has emerged strengthened and ready to be applied to infringing companies that chose to wait to pay for the license. We must draw new interest in the story to new investors.
Then I would get real tough with the "A"s and take them all the way to trial or settle for much larger settlements than we have seen so far and make an example of them for other fence sitting companies waiting to pay.
Next I would announce that 50% of the profits from each license would be distributed to share holders in the form of dividends once a year. The other 50% will be used for share buy backs and to build a war chest.