1. It is my belief and understanding that the original Master agreement between PTSC and TPL had a provision whereby if either Patriot or TPL filed bankruptcy, that would be a triggering event to void the contract. Perhaps this is why Patriot loaned money to TPL . In PTSC amended complaint against TPL PTSC made many allegations one of which was that TPL was insolvent.

2. It is my belief and understanding there was also a provision in the Master Agreement that if PTSC made a larger capital contribution to PDS, than was required of it, Patriot could then own greater than 50% of PDS. Reading through quarterly reports one might be suspicous of the additional allocations to TPL, agreed upon by PDS, to keep this from ever happening.

If (and this is a big IF) TPL could limit its future payouts to Brown and eliminate its current court ordered payout to Brown by filing Bankruptcy, don’t you think Leckrone would have realized that this would cancel the Master Agreement with PTSC? By virtue of the new agreement with PTSC, it would appear that TPL is now free to file BK without voiding the master agreement, if that is Leckrone’s intent and I am not saying it is. Time will tell. If this scenario has merit and plays out that way, the question that Chet Brown's attorney might have is: was Patriot aware of the possibility of this happening before it entered into a new agreement with Leckrone?