Don't forget from p. 8 of 10Q:

TPL satisfied its December 2011 capital contribution via an in-kind contribution by forfeiting amounts otherwise due it from PDS, and contributed cash to satisfy the March 2012 and April 2012 capital funding.

The cash TPL contributed to satisfy March and April most likely came from their agressive efforts traveling all around the world to license their other patent portfolios. :)

Smells like inflated expenses submitted. Has our forensic accountant and PDS committee member been mindful of the possibility of such tactics or is CJ rubber stamping his approval for all DL expenses?