Re: If you Agree--You Can't Be Serious?
in response to
by
posted on
Sep 09, 2013 02:07PM
I am not sure where you have been but you should know by now that the Board only makes business decisions that benefit them and not 99% of the ptsc shareholders. If you disagree all you have to do is remember that our CEO only became a shareholder in the past few months after making millions off the company with no and I repeat no positive results for shareholders.
If what you want is to own shares in a penny stock public company where the shares never appreciate past ten cents or so then by all means let TPL and the Board continue making the type of settlements that 100+ companies have made over the years.
Except for early license agreements with AMD etc (which by the way I do not recall as being said to have received an early signer discount) and a license was issued for a fairly substantial amount , and after 17 successful uspto reexams, the only major $ increases have been to our Board of Directors and CEO (with recent bonus - unbelievable).
Sure we have had a few spurts in our share price but those were mainly due to poitive reexam information etc.... whereas the sp always fell back when we discovered how little the company was receiving from "early discount" settlements that seemed to go on for years. For me that phrase reminded me of store window signs that in Large Letters told the public they were GOING OUT of BUSINESS !! Notice the sneaky little word snuck in? (of). Nothing illegal about the sign but .........
I do not believe this is a half glass senario for shareholders. By hopefully not having the request for a SJ denied and then announcing settlements instead of going to trial all we have done is continue a pattern that has been years in the making by Leckrone and the ptsc board. I believe from what I have learned over the years that a jury with an honest judge and a Great attorney on our side gives the average shareholder of ptsc a chance to finally know what they own.
This is where I stand and I for one am ready to let a jury in open court with full transparency decide for us. If we lose so be it but if we win it will be Katie bar the door and I believe no more non disclosure settlements. As one of our brighter shareholders recently stated and which I agree with ... if we can go to court .... then ..... Let it Ride ......
Of course IMO