Our board has failed more than once to put a competent management team in place. I have no way of knowing, how they went about finding the last two CEOs who didn't work out. If their methods have been to exahust their sphere of influence (Swartz, Pohl, ???) to find the right people, then the BoD can no longer be relied upon to find those people by doing the same thing they have been doing.

Forget the patents for now and the other failed ventures. We need good leadership or the results will be the same. There are those on this message board who have stated that no CEO should be hired right now to conserve money. That leaves us with a doctor, a lawyer and an accountant pretty much running the show. The show must go on but if the producers hire actors who can't deliver, they will find an empty theater before too long. Again I say, they may be three nice individuals who are well meaning. However, they need to look in the mirror and ask themselves if what they bring to the table is useful to shareholders right now.

I'm not sure if Greg Baroni is still on the payroll to evaluate PDSG and/or the right CEO. If Greg is still working for us then I would love to know it. If there is evidence of this that I am forgetting, I'm sure someone here will be eager to remind me of it. When he submitted his report (which remains a secret) did he simply just go away?

The clock is ticking and everyone is hoping for "good news." Markman, mediation, trial, settlement, quarterly reports, annual reports, re-exam, re-exam, re-exam, litigation, umbrella, ASHM, 120 days and still ticking. We always seem to be waiting for some future event that will reveal the "good news." Sorry, forgot about all those share boosting license agreements :)

So, while the USPTO moves towards some kind of an office action on the 336 (hopefully another NIRC), we wait. While the BoD chases a partner or buyer for PDSG, we wait. Dividend, no dividend; share buybacks or no buybacks.....we wait

Time to start preparing that shareholder proposal just in case. Regardless of what anone thinks about any individual or collective board members, the by-laws should be changed. There should be term limits and there should be majority voting. If we are not of one mind in hiring an SEC attorney to help us with this task then I am personally asking anyone with a legal background to help draft such a proposal. If a few of you can get together, perhaps it can be accomplished .....just in case. If such a proposal is prepared and submitted before the drop dead date, only to have it shot down by the current board, then I believe this will speak volumes to all of us regarding whose best interest is really being looked after.

As usual, this is just my opinion and your comments, corrections are always welcome (be nice)

Laurie