Hey Leckrone, PTSC & Chuck Moore - Please figure it out!
posted on
Nov 01, 2011 05:06PM
Nov 1, 2011, and we sit a 6.3 cents. Nearly 2 years after the '336 emerged from the Re-Exam process. What fine work our stewards have done!
Talk about a dime holding up a dollar, it's amazing to me that Dan Leckrone chooses to gouge his own partners, taking as much of their share as he can, instead of going out and attacking the infringer base to get them to sign deals and following the "rising tide raises ALL boats" philosophy. Meanwhile, PTSC's BOD has mismanaged, and been outnegotiated so badly over the years, that instead of creating value for shareholders, (something that all things considered should have been pretty easy), they are relegated to strapping on their feedbags for their own benefit first, then battling Leckrone and swallowing what he dishes out so they can keep things out of the public eye of shareholders, in order to limit their own exposure and that of the interests they serve. And Chuck Moore, like many creative minds, suffers from poor and shortsighted business decisions and misplaced trust consequences, rather than being rewarded for his creativity due to his poor judgement and others' ruthlessness.
Here we are over $300M into the the MMP licensing, yet of the top 50 electronics firms as ranked in 2006, only 14 are actually licensed (at least as far as we know). Also, only 24 of the top 100 if you look further into the list.
Sure, one can look at my post and complain that I'm looking at things from my own selfish viewpoint just like these 3 parties are. If you ascribe to that logic, though, I think your name must be Leckrone, Johnson, Felcyn or Flowers, lol. Moore and PTSC shareholders, one as 50% owner of the MMP, and the others as the 100% owners of the entitiy that owns the other 50% DESERVE BETTER!
All I can say is get your proverbial "waste" together, get your head out of your lower quarters, and get on with the business of the MMP, instead of the business of Leckrone, Johnson-Felcyn-Flowers, and Moore. $300M from a group that includes only 28% of the top 50, suggests that there is easily another $1B in license fees to be collected.
Instead, we hear of English mistresses, sabotaged license values, "unsatisfactory" responses, virtual meetings, frustration over negotiated communication restrictions, and a you should have sold when you had the chance type of leadership from our BOD members. In a word... PATHETIC! A shameful display by a shameless group.
And the rub is, all the while, all they have to do is what they SHOULD be doing, what they've agreed to do, and what they are OBLIGATED, morally, contractually, and FIDUCIARIALLY (if that's a word). When will they do it? LOL, I guess that's something else they "can't" tell us.
Companies ranked by electronics revenue (1-100) | |||||
(All figures are for 2006 calendar year) | |||||
Company Name | Electronics | Total CY | Total CY | Net Income | |
Revenues** | Revenue | Net Income | as a % of | ||
($ millions) | ($ millions) | ($ millions) | revenues | ||
1 | Hewlett-Packard * | 94,081.00 | 94,081.00 | 6,518.00 | 6.90% |
2 | IBM | 91,424.00 | 91,424.00 | 9,492.00 | 10.40% |
3 | Matsushita Electric Industrial 1 | 77,090.30 | 77,090.30 | 1,995.20 | 2.60% |
4 | Samsung Electronics | 64,327.80 | 64,327.80 | 8,645.70 | 13.40% |
5 | Siemens 1 | 59,777.40 | 110,698.80 | 3,816.50 | 3.40% |
6 | Hitachi | 58,141.80 | 85,502.60 | -289.70 | -0.30% |
7 | Dell *, ## | 57,095.00 | 57,095.00 | 2,614.00 | 4.60% |
8 | Nokia | 54,290.80 | 54,290.80 | 5,685.10 | 10.50% |
9 | Microsoft | 46,057.00 | 46,057.00 | 11,909.00 | 25.90% |
10 | Toshiba 1 | 45,799.30 | 57,973.80 | 1,301.00 | 2.20% |
11 | Sony 1 | 43,626.20 | 68,487.00 | 1,083.40 | 1.60% |
12 | Motorola | 42,879.00 | 42,879.00 | 3,661.00 | 8.50% |
13 | Fujitsu 1 | 42,850.20 | 42,850.20 | 625.30 | 1.50% |
14 | Hon Hai Precision | 40,527.20 | 40,527.20 | 2,034.00 | 5.00% |
15 | NEC 1 | 39,800.50 | 39,800.50 | -56.40 | -0.10% |
16 | Intel | 35,382.00 | 35,382.00 | 5,044.00 | 14.30% |
17 | Cisco Systems * | 31,929.00 | 31,929.00 | 6,473.00 | 20.30% |
18 | Canon | 31,365.70 | 34,926.70 | 3,825.80 | 11.00% |
19 | Ingram Micro | 31,357.50 | 31,357.50 | 265.80 | 0.80% |
20 | Philips Electronics | 26,356.60 | 36,615.60 | 7,107.00 | 19.40% |
21 | Ericsson | 25,975.60 | 25,975.60 | 3,862.50 | 14.90% |
22 | Sharp 1 | 25,651.80 | 25,651.80 | 858.8 | 3.30% |
23 | LG Electronics | 23,171.00 | 23,171.00 | 212.00 | 0.90% |
24 | ABB | 23,043.00 | 24,412.00 | 1,390.00 | 5.70% |
25 | Tech Data * | 21,440.40 | 21,440.40 | -97.00 | -0.50% |
26 | Apple 1 | 20,681.00 | 20,681.00 | 2428 | 11.70% |
27 | Raytheon | 19,163.00 | 19,163.00 | 1,283.00 | 6.70% |
28 | Electronic Data Systems | 17,865.10 | 21,268.00 | 470 | 2.20% |
29 | Flextronics 1 | 17,707.80 | 17,707.80 | 430.90 | 2.40% |
30 | Asustek Computer | 17,195.70 | 17,195.70 | 665.50 | 3.90% |
31 | Ricoh 1 | 17,088.20 | 17,088.20 | 974.70 | 5.70% |
32 | Mitsubishi Electric 1 | 17,065.10 | 32,198.30 | 1,131.00 | 3.50% |
33 | Sanyo Electric 1 | 16,785.20 | 19,517.70 | -785.7 | -4.00% |
34 | Quanta Computer | 16,503.40 | 16,503.40 | 280.40 | 1.70% |
35 | Nippon Telegraph and Telephone (NTT) 1 | 16,468.10 | 91,489.50 | 3,666.60 | 4.00% |
36 | Alcatel 2 | 16,209.00 | 16,209.00 | -173.00 | -1.10% |
37 | Oracle 1,* | 16,075.00 | 16,075.00 | 3,702.00 | 23.00% |
38 | Xerox | 15,895.00 | 15,895.00 | 1,210.00 | 7.60% |
39 | Honeywell | 15,651.00 | 31,367.00 | 2,083.00 | 6.60% |
40 | Avnet | 14,765.80 | 14,765.80 | 293.20 | 2.00% |
41 | Computer Sciences | 14,681.80 | 14,681.80 | 351.00 | 2.40% |
42 | Lenovo Group 1 | 14,330.60 | 14,330.60 | -15.30 | -0.10% |
43 | SAFRAN | 14,313.00 | 14,313.00 | 11.90 | 0.10% |
44 | Texas Instruments | 14,255.00 | 14,255.00 | 4,341.00 | 30.50% |
45 | Haier Group | 13,852.60 | 13,852.60 | -132.20 | -1.00% |
46 | Sun Microsystems | 13,760.00 | 13,760.00 | -448.00 | -3.30% |
47 | Arrow Electronics | 13,577.10 | 13,577.10 | 388.30 | 2.90% |
48 | Thales | 13,551.60 | 13,551.60 | 516.40 | 3.80% |
49 | General Electric | 13,071.30 | 163,391.00 | 20,829.00 | 12.70% |
50 | Tyco International | 12,724.00 | 41,686.00 | 3,950.00 | 9.50% |