"Apparently you think 7 Mil in cash is sufficient for a public company burning though over a million a year for just inhouse administrative operations, and who's whole business model is built on leveraging litigation, including ongoing litigation with multiple concurrent defendants, and based on openended cash payouts to third parties for litigation preparation and infringment prosecution; regardless if any revenues are actually received, from which further contingency payouts would necessary follow, is somehow adequate ?? "

Well, apparently it was since they are still here with over $ 7 million available.

"I'll make it very simple in just one example, so you can understand it ... if PTSC was not in a cash crunch they would not have sold PDSG (2012), and, have been in such a distressed situation to do so, that they essentially gave it away in exchange for some percentage of future revenues until April 2015. "

So then it is your opinion that they should have made a go of PDSG. You've analyzed the prospects of PDSG and come to the conclusion that in the hands of our BOD for whom you have no trust, had they had more millions to burn, they should have stuck with PDSG as it will eventually be a winner.

If that's the case, what's your cutoff? What timeframe and dollar amount of investment do you have before you decide that PDSG is just a bad investment?

So let's go over things so that my views are perfectly clear -

I agree with you that the BOD is overpaid. I've said that before more than once.

I agree with you that the BOD has made a lot of mistakes including PDSG and other acquisitions.

What I don't agree with is your need to embellish, as you did with the Apple license and with the "severe cash crunch" characterization, and the continuous re-hashing of things for which we have no control and there is little to no hope of changing things. And I do believe that all of the "BOD apologists" agree with these things. In fact, the use of the term "BOD apologists" only serves to perpuate the argument because as has been pointed out numerous times by many of the so-called "BOD apologists" they DO agree on the above. So when the posters here ignore those facts it arouses suspicions as to the motives of those posters. It's only common sense.