"1. End of the year...lower activity..lower volume"

Yes it is EOY but volume was higher the last three days with NO news.

"2. Some Investors want to wait to after a ruling in court"

IMO the patents have proven to be valid. No one pays anything, let alone millions, for something that isn't legit. IMO Investors are instead waiting for the BOD to be replaced with competence.

"3. Investors cant see how much $$$ is coming in with the new deals.. no way to really gauge if the deals are getting bettor.......with no regular biz.. its hard to say"

Sorry but revenue is revenue regardless how much especially for a penny stock company on the BB's. Give me one company that drops in share price when they announce a revenue generating deal with a $14B/year giant.

"As far as the BOD---- look they got a cash cow going.....lots of revenue with alittle expense.....keep it going.. i love it..."

Yes a cash cow with lots of revenue and little expenses...I agree. IMO and in my eyes the BOD isn't responsible for generating any of that revenue. Congratulations are in order for TPL and an excellent year of producing. Again I ask you what has the Board done besides issue themselves options. Do you think it was a wise decision to wipe $25M off the balance sheet at such an early stage of growth? I was a recipient of those dividends but I still believe that it was a very poor decision made by our BOD.