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Message: stillpoint / Re: From Scanned Doucument
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Please explain what Leckrone/TPL has to do with the PTSC BOD accepting that the "Independent Manager" on the PDS management committee would also be a TPL employee?

Please explain what Leckrone/TPL had to do with PTSC's disposition of its $125M plus share of MMP NET revenue that it received from PDS over the last 5 years?

Please explain how our legal eagle BOD member Johnson, and our forensic accountant BOD member Felcyn, and our other (at the time) legal eagle BOD member Pohl were due CASH compensation as BOD members for their "efforts" in the merger with TPL through the master agreement & commercialization agreement. Realize that this cash compensation was paid to them directly in their roles as DIRECTORS at a time where cash compensation for their roles as directors was NOT allowed by the company's compensation structure. If these people collected cash compensation in this environment, certainly it was for something other than being a Director. The filings even state it was for the "efforts" in forging the agreement. In those efforts then as lawyers and accountants that were Directors, and under those compensation restrictions, it stands to reason that their efforts were at least in part to negotiate the legal and accounting terms that protected PTSC's interests to be 50/50 as they represented to the shareholders, and to provide the necessary oversight to maximize the commercial value of the MMP.

If they instead agreed to a deal that allowed Leckrone to behave as you cite, and to do so for such a long period, should not these very people be held responsible who bound the company to the agreement, were rewarded for it, continued to praise both publicly and privately the work that TPL was doing, and summarily dismissed the exact concerns that they now have been forced to take Leckrone to court over?

With respect to stock selling, are you trying to equate a retail shareholders "taking some off the table" to the incessant selling of converted warrants by Swartz? Isn't it a bit hypocritical on your part to criticize thus considering what the company did to create the environment for Swartz to do exactly what you're complaining about, especially when it is hundred fold or mor in magnitude?

The discontent with Directors and Management will get turned off when they begin to return value to shareholders and to show they had a plan to do so into the future, and ability to execute on it . Simple as that. If these particular members began to to so tomorrow, the discontent would turn into contentment.

Obviously Leckrone / TPL are a problem, but we've known it for years. Why don't you simply quit your whining about posters, and instead whine to them to act constructively, proactively, and with the interests of ALL shareholders in mind? They MAY have done so with their actions against TPL, but the term a day late & dollar short come to mind. In their finite wisdom, they did so at the most inopportune time with the USPTO's recent rulings. Many of us have called for such challenges to TPL/Leckrone for YEARS, and yet, we're here today, instead of where we could be.

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