I think you sum things up pretty well there. But in addition to the professional reporting, the standing their financial ground while implementing the diversificaiton strategy, I DO think the fact that PDS was able to pull in $10.4M for the licenses attributable to the period starting with the Direct TV license to before the end of the quarter is an IMPORTANT issue. It shows that ASIDE from the J3 settlements, the MMP licensing program is STILL pulling in the same type of dollars per licensee based on their annual revnues. In other words, Alliacense is NOT having to discount licensing fees any more than they were before the J3 settlements, REGARDLESS of the unresolved USPTO status.

What that means is, considering the proceeds from the Hoya, Bosch, and AudioVox licenses are NOT included on the balance sheet included in the 10K, since the last quarter ended, PDS may have taken in another $30M if those 3 licenses fall within the range of historical averages, which could mean that as we sit today, PTSC may already have another $10 to $14M cash on their balance sheet, that isn't part of the reported amounts. That provides quite a bit more in the M&A possibilities, and means that with using at least 10% of that for share repurchases, the may have bought an additional 4M to 6M in shares as well.

While, I don't expect that we'll get this type of info officially until the next 10Q, as RG issues additional communications, hopefully he can provide a little bit of insight into some of it. More importantly, as IBIS and PTSC work to attract some institutional investors, I think they can utilize this type of info (obviously they need to disclose it officially first) to attract some NEW and serious investors that in turn WILL impact the share price. That could happen BEFORE USPT resolution and may fuel some share price movement prior to the anticipated recertification of the patents.