Some of you really should review court documents. I have held back too long on this one. From the declaration of Carlton Johnson in the PTSC vs TPL litigation. It is obvious that he suspected commingling long before the 2010 complaint was filed. Why didn't our BoD do anything at that time?
"In late 2008, I learned of negotiations underway between TPL and a third party leading to settlement of one of the patent Infringment litigation matters. In that same case, the MMP portfolio was the primary focus of litigation, but that defendant had also sued TPL for declaratory relief that it was not infringing on TPL's Core Flash patent portfolio in which Patriot had no involvement The case settled by negotiated terms of MMP and Core Flash patent licenses to the third party. During the course of that negotiation, I observed firsthand that the numbers changed such that the settlement consideration paid by that defendant became more heavily weighted in favor of the Core Flash portfolio and away from the MMP component. I asked questions about this of Mr. Leckrone and never received satisfactory answers."
Declaration of Carlton M Johnson, Jr., dated April 21, 2010
