"PTSC attorneys:

Then by all means Mr. Leckrone, you by taking PTSC funds and using them to pursue your interests that automatically makes us partners"

Leckronies: "OK what do you want" we will settle. "

???????

By Lekrone taking that passive approach, he can then turn around and claim PTSC as partners, too. And hook us into co-paying/defending his newly filed law suits ?

Worth $1.1 million dollars ?

Think like Lekrone, for a minute.

What's the 5%-10% payout on a license costing 1 million ? $50-$100k

If Lekrones' side gets a million dollars from licensing....anything, 10% would be $100k. It would take 10 more licenses of $2mm dollars value, each, to enable PTSC to take advantage of that scenario, and to recieve the full $1.1 Million. How long could that take ? Remember this, too. PTSC committed themselves to pay PDS over $100k for past litigation expenses, plus another $86k per month to go directly to TPL/Alliacense litigation fund, up to the date of the Markman.

I call this "deferred, interest free payments on debt", that are based on the debtors' performance, and does not require any payment if the debtors' can not/will not perform their obligations. So, what is Lekrone giving up ?

Unless, Lekrones' licensing revenue of TPLs' portfolios dwarfs what PTSC brought in with their share of MMP revenue....I highly doubt PTSCs' BoD would stick their/our necks on that block. Afterall....what I see is 1.1 million dollars being relinquished by Lekrone, to distribute to PTSC as additional revenue on a percentage (ranging from 5%-10%) on future licenses. What wasn't specified was: Is this 5-10% pay-off going to come from just the sales revenue derived through MMP licensing ?, TPLs' Portfolio licensing ? Or combined revenues on co-mingled deals ?

I'm thinking this is another nail in the coffin, if Lekrone is going to do business like this, and our BoD falls for it. Then I believe if the BoD goes with it, it would certainly smell of collusion. That's when I begin talking to Chuck Grassley and Tom Miller. They'll be able to bring some attention to TPL and PTSC.