Correct path....
posted on
Apr 16, 2012 11:09PM
Lamb, Huntingtom, ease.... you are now on the right path....
The Board of Directors can now be on notice that there are shareholders that are mad as H*ll and will not take thier lack of action and weak excuses anymore. Their days of sitting back and letting some posters such as Dbcooper make excuses and speculate outside the box are coming to an end.
Folks, words count and mean something. The Board is responsible for what is said at Board meetings. If they allow Leckrone to talk for them and act as if he controls the entire company as the Master Agreement allows him to then as Board members they should be held liable for the information he shares with the public.
Our three amigos have cost us a lot of money and I for one would like to stem the bleeding while we still have some liquidity. I will repeat get a new board, get a national accounting firm to do a full audit and hire an national legal firm to go after TPL. I bet Ron could guide us well in that direction (no I am not suggesting Ron's firm handle the case as I am sure it would prove to be a conflict of interest), however, would it not be a huge sigh of relief for many of us if we knew that we had Ron, Brian, Nick, Lamb, miles, ease etc etc on the committee interviewing potential legal firms. Wow, what a case it would be .... we have the money lets use it wisely before our board you know what it away.
Think of it this way, TPL gone (from what I remember of the Master Agreement and what I suspect has gone on they are in violation of the agreement and have been for awhile) and with what Moore would add as back up information, as well as I think the current board to protect themselves from law suits for their lack of being adequately responsible.... I think we could get rid of the Leckys once and for all. Then a solid MH ruling (I hope) a good legal firm and auditing firm we put our patent information up for sale and I bet we could salvage a decent per share price for all shareholders.
After all, say you were a legitimate patent troll (for want of a better name) with solid financial backing.... with the time left and the companies yet to be signed .... no I will not speculate on what the company could fetch but with the right guidance i would dare say (and a solid MH) we could sell for a decent price. Of course that will not happen with the current licensing methodology that the Leckys use but then again a legit firm would not need the money to pay the light bills would they plus they could see what happened and what could happen?
Okay, I am out of here but keep up the pressure and let the Board know their days are numbered unless they have a miraculous awakening... which by the way I believe in miracles and not just at the Olympics and on ice....
God Bless
Marc