Here is the issue. Why was not all that you stated done in the first place? It is common business practice. So why was it not done? Do you think our BOD with all their business degrees are that stupid? Or could there be more going on that we are not aware of? They only sued TPL when Barco made public statements about TPL's dealings, yet supposedly, they were doing strict oversight all the while. It just does not add up. Think about it, think about the probabilities. You'll come to the same conclusions I have.
P.S. Our suit with TPL will never go to trial.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7499453
From the last 10Q
Overview
"In June 2005, we entered into a series of agreements with TPL and others to facilitate the pursuit of unlicensed users of our intellectual property. We intend to continue our joint venture with TPL to pursue license agreements with unlicensed users of our technology. We believe that utilizing the option of working through TPL, as compared to creating and using our own licensing team for those activities, avoids a competitive devaluation of our principal assets and is a prudent way to achieve the desired results as we seek to obtain fair value from users of our intellectual property. In April 2010, we filed an action against TPL regarding TPL’s management of the MMP portfolio."
The above is an indication of our predicament as investors. The above statement may just be an old statement that is not edited to reflect current relations between TPL and PTSC but as such it does not refect the current situation, or does it? While we are in the middle of accusation of fraud do we really want to state that we feel it would be best to continue our relationship with TPL as usual. Is there no oversight when preparing these 10Q's.? Or perhaps they do not feel such statements are important since they could give a rats behind as to what we as investors think. Things like this can also lead to feeling that the Fox is in the Hen House. How much effort is really put into this business by our board. Are they just paste and cut people with some new numbers added. It is this laziness, or is it deception, that I find hard to fathom. That statement is suppose to be an overview of our current situation. Just why are we suing TPL anyway? And if they did what we accuse them of doing why would we think it prudent to continue our relationship? What is going on here? Are we giving up before we go to trial, or do we have no intention of going to trial? If I were TPL I would be scared if I read that statement. What is our BOD really doing for us? Why don't they just start a Bon fire and burn the rest of our cash and get it over with.