Hi Lamberts,

as I've said very often in the last years PTSC has outsourced its sales channel hence I never had a problem that 50% of a MMP license (in fact it's about 55%) went to TPL.

I've also said many times: as long as the product (= patents) is not ready (= final approval by the USPTO and a clear victory against one infringer at court) I don't expect any big developments.
And under these circumstances it's logical to me that "sales costs" (fighting with USPTO and infringers) have dramatically gone up, see also the company's PR from February:
" The resolution included an agreement to provide a substantial increase in working capital for the MMP licensing program and patent infringement litigation from MMP licensing proceeds. "

That's normal business all over the world:
If product development takes longer or is more difficult you need to spend more money - and if you have not enough sales power you need to increase your sales activities.
These both are reasons why many companies fail and disappear.

Am I happy with this situation?

NO, of course not, but I expected it to be like that because the patent business is one of the most difficult ones IMHO.

GLTY