The commingling of portfolios by TPL has been around since the Sony deal. Everyone knows that. Fast forward to TPL's Core Flash Portfolio (CFP) infringment assertion against 30+ companies within the past several weeks, many of which are assuredly on the same list as the MMP infringement list, and now we have a case of who possibly folded in PTSC vs TPL settlement negotiations.

What is stopping TPL from creating a convoluted licensing agreement for the CFP that all but prevents TPL from pursuing the very same company to purchase an MMP license? If PTSC were to challenge TPL and the CFP agreements, PTSC could be in legal proceedings for the next 10 years. PTSC does not have the money to do that and it is Leckrone's poison pill, same as the ability of the BOD to increase PTSC's shareholder by orders of magnitude. Both are poison pills. Leckrone may know it is possibly criminal, but he is asking PTSC to essentially call his bluff and lose out on the remaining MMP revenue, being that it is locked in litigation. If a Fortune 1000 company wanted to delay and confuse the issues, why not license a CFP where the legality of the license would have to be detangled in court. Multiply that instance by 30, and now PTSC would have to file against each CFP licensee. Even if all the cases were merged it would take forever. Hence settlement.

Would TPL's effort to confuse the licensing effort be criminal? Possibly, but there is nothing in the ComAg that explicitly prevents any of TPL's actions. So again, more legal proceedings. By the time TPL and PTSC were at trial, all 30+ companies could be licensed to the CFP and possibly the remaining companies on the list for the MMP.

Once TPL announced their CFP campaign against the 30+ companies, they were announcing licenses at a pretty fair clip. So TPL bought the CFP for I believe something under 10 million. Fortune 1000 companies are going to fork over 100s of thousands of dollars without a fight for the CFP? Has the CFP been through the same level of USPTO scrutiny the MMP has?

I am a Debby Downer right now. I know. I get it. Is the above good fiction? Could be. I've been fooled way too many times. Someone prove me wrong and more importantly may the BOD prove me wrong. All of us want out of this company at the earliest possible time at the highest foreseeable price.

GLTAL