I realize what you're focussing on in this post, but you added in other issues which simply aren't accurate.

The shareprice issues for PTSC fall mostly at the feet of PTSC management and BOD, not the patent environment. I will continue to point that out anytime someone suggests otherwise.

The MMP licensing difficulty, as I point out, falls mainly at the feet of TPL and PTSC and Moore, rather than at the patent enviroment. While I understand your point, and agree that's a factor generally in the patent space, in my opinion, the MMP specific licensing issues are more self induced.

Granted, there were USPTO challenges, and I'm sure there was reluctance by many of the larger companies to license while those were undecided. That was part of the reason for the "early mover" strategy.

However, once that was completed, had PTSC and TPL and Moore NOT been infighting, would the Samsungs, Huwaies, ZTEs, LGs, of the world been more apt to sign? I would argue that they probably would have been willing to deal a bit more. However, if your opponent can't even get on the field properly and is self destructing, why wouldn't you continue to put obstacles in their way and see if they collapse on their own?

So while there is merit to your point, I'm not sure it really applies to the MMP as much as you want to suggest. I think it's more accurate that the resistance to licensing is a function of the weakness of the MMP team, rather than the difficulty of the overall patent licensing enviromnent. Afterall, the MMP strategy was to license, NOT litigate, so there was a built in flexibilty for infringers to arrange ways to license that would be "favorably" perceived by other companies seeking infringement claims as well, and wouldn't leave the infringer open to claims by every patent troll.

IMO, I think it's more the MMP team weakness than it is the patent licensing environment. Additionally, I think it's naive to think that some of these companies aren't really proxy warriors for ARM, TI and other chip makers, as well, so there is a dual level to the battle that can't be denied.

I don't think that it was ever expected that there would NOT be some litigation and permenantly resistive infringers, but had the MMP team been united and showing strength when their collective treasuries were fuller, I don't think the MMP would've experienced the licensing difficulty that you're suggesting is more environment based, than self induced.