Right now PTSC has burnt through all of the past losses and has no protection against taxes on their profits.... Buying stock @ these prices makes sense... low price and a 30 percent benefit when the profits are not taxed..( correction welcome from other posters here...) ... We had also talked about buying 8% for 700,000 from Talis.... then that percent increased from 30% to over 40%,,, So assume we invested more in Talis.... Also the two other companies we have made initial agreements we have spent cash and/or resources... I originally thought we would have good earnings this 1/4.... When we get our #'s I want to also see what we spent in money and resource's to help stimulate future earnings.....
I think we 8 companies sign... This was after the J2.5 settlement.. but before the numbers came out.. I assume TPL used this as leverage to get more cash from the licensee's ...
as always we will see....