while barely surviving the foolish and utterly disasterous M&A adventurism of the BOD. We are repeated warned in filings that we require others to generate revenue for us, that there is limited time left in the patents, that we rely on X, Y and Z for our viability, and that unless N, O, and P occur, that there can be no assurances of continuing operations; etc etc etc.
Yet, even in this highly cautionary and critical environment, an environment formed by the decisionmaking failures and actions/inactions of the BOD, Carl and Gloria have not reduced their BOD fees, and Cliff's salary has been considerably increased and even given large cash bonuses.
When demanded by Shareholders to require them to purchase company stock, they refused. When demanded by Shareholders for them to replace their shoein Plurality method of Voting for BOD seats, they refused ... and on and on it goes.
It's no mystery what non investors, TPL and MMP litigants think about PTSC when they look at our BOD leadership.