Re: Re..TPL BK ... BaNoss...Not a new idea to me but still a good one....
in response to
by
posted on
Dec 08, 2013 03:50AM
I have been attempting to get someone attention on the BK committee for a few months now. Do they now (I hope so but I know they did not before)understand how valuable the MMP is?
Which ever one of our shareholders woke the TPL BK committee up.... THANK YOU!!! Would you now use your influence and suggest strongly that the BK committee hire a forensic auditor to go over the TPL books and if they find an overlap that does not belong they might be able to get the Judge to order a full audit of PTSC books that relate to any revenue or expenses regarding the MMP, this would be our window into our company thus helping PTSC shareholders.
The situation is somewhat improved with a BK comm member on the PDS approval committee though it is imperative that we get an independent third body on the PDS panel. This position has been vacant almost is as old as PTSC has had an INTERIM CEO.
So, The BK committee now has a seat on the PDS Board ..... that can be good dependent on who this person is and where he or she comes from and how much influence Leckrone has over that person..... In my opinion it should be remembered that a member of the TPL BK committee has only one thing they are interested in and that is getting as much cash into TPL as quickly as possible so as the creditors can get their money back.
If it means that Leckrone proves to this person that by bundling the MMP with TPL patents and pulling an "Apple" so as TPL gets a larger share of the license fee that will happen and that is why, we still need our independent party on the PDS panel and we need that person now before any more licenses are approved!!!!
Remember Leckrone will still be in charge of the licensing effort. There may not be a Leckrone on the PDS approval committee but as far as we know Leckrone will have to get approval of Carl J and the BK committee creditor which the way Leckrone spins a story it may not be all that difficult to get approval of his deals. A lot will depend on who this committee member is and what he knows. Leckrone is very pervasive therefore I can only hope that our CEO and Gloria demand (is that an oxymoron movement), that a REAL independent party get be nominated and seated on that PDS license approval panel tomorrow if not sooner.
In my opinion the only person who would fit that bill would be one of the Major Shareholders and longtime shareholders of PTSC.... I have made previous suggestions..... I believe that Laurie or her Sister might be acceptable to all PTSC Shareholders plus they have earned this position.
Would someone such as Leckrone or the BK committee member of the panel say that the panel would then be titled toward PTSC? .... Maybe but so far for many years now Carl and Cliff and Gloria have let TPL and it's owners give away our jointly owned asset as if it was his and his alone with no concern with PTSC shareholders many of whom are so trusting that they still believe that Leckrone carries about the PTSC shareholders. IMO and it is about time that someone such as 1200 girls step in with a breath of fresh air.....
Maybe this is just my opinon.... but I believe it is better then most.....
Marc