RE: To those who attended the SM,
posted on
May 08, 2006 10:30AM
The fact of another SHM in October is interesting to me. I ask DP about it and he stated it was just a routine thing to get back to a normal time schedule. It used to be in the fall. That is normal. But I feel something else will happen before then or by then that will be a reason to have another meeting. Concerning the number of shares TPL owns, it is probably proportional to the confidence they have in what will take place. I know DP stated that PTSC will have to start paying taxes on any money earned because they tax credits are running out. ( Such a problem to have on the horizon !!! ) He spoke that a merger would be useful with a co. that has tax credits and that also had a property ( IP or otherwise ) that could be cultivated like the Moore/Fish patent. So think about a merger with a company like that and we may have an answer. I asked him if he knew about one company in particular and he stated that he was aware of them. The guy from New Jersey or Conn. was standing there with me. I also wonder about TPL going public through a company that is already listed. I think PTSC could be a possibility. GLTLA