So I'm just going to throw this out.

Many people here seem to be excited and hopeful about the prospects of an M&A for PTSC. Somehow or another, there seems to be a lot less hope or emphasis on lic. fees. I'm not against M&A, in fact I'm for it as I think the company needs a consistent quarterly track record with real products for sale and real forecasts, just like "real" companies do. But what I'm not for is for the emphasis on M&A to be at the expense of lic. dollars.

Licensing may not be something we can forecast quarter to quarter. Heck, we can hardly understand what's been done in the previous quarters financially, much less future quarters. But I do believe that there is a HUGE potential in dollars from licensing fees, even if we can't forecast when and how much we'll get. My two cents is that in order to see substantial increases in the SP anytime soon, it will be more reliant on big bucks from licensing as opposed to whatever income we could slowly ramp up over time after an M&A.

So, bring on the M&A. We need to see another source of income and we need to be able to forecast and see consistency. But at the same time, TPL, I hope you get really mean and nasty and go after the big bucks by pursuing licensing fees.

Ya'll have a nice day!

- 67GTO