The value of this "settlement" nets out to below $1M without even trying to account for legal fees etc.

So the "value" of this "settlement" in hard cash terms represents about $0.0024 per share - one fourth of one cent.

Did Leckrone have cash problems but now sees his way out since he is seeing success with his other patent portfolios?

The press release and 8K do not mention "interest rates" - they say that the $1.1M will be paid as 5% and 10% of future PDS distributions from monies otherwise owed to TPL. So it seems to be dependent on new MMP licenses with PTSC getting a bit more of these licenses than before, until the $1.1M (no interest) is paid off.

PTSC has also apparently agreed to allow PDS to pay TPL (not PDS) $172K plus a series of $86K payments until and for 2 months after Markman is completed (let's hope noone tries to delay it!). So that will mean another $400K (50% of let's say $800K) or more that PTSC will never see again - unless the "settlement" allows PTSC unlimited access to the books of PDS and to require documentation for every nickel TPL charges to PDS. Or is it perhaps a "retainer" type of payment whereby PDS has to pay TPL regardless of work done?

Does anyone know if, because of prior additional investments in PDS, PTSC is supposed to get more than 50% of PDS distributions?

Will we ever know what the $1.1M truly represents? If it is related to co-mingling, then it implies that sum is the amount that was in question. Not much, for a portfolio supposedly worth north of $1B.

So - today is October 7th and those BOD stock options in the 10-K expire in a few days time. Was today's news in any way related to that?

Who was buying just before this announcement? Who bought 3M shares today?

LEGAL/ACCOUNTING people: as Insiders, is the BOD (and Officers) required to wait 2 or 3 business days before trading after a "significant event"? I seem to recall being in that situation myself several years ago.