In the last 6 months, there has been one license signed and announced by PTSC, that being Arcelik. They paid a paltry $1.380M. PDS had operating expenses of $0.161M, that left $1.219M for PTSC & TPL to split.

So essentially, PTSC took in about $100K per month for the last 6 months in MMP revenues. If they pay out approximately $50K to the 6 member cabal that has guided us into this predicament, I'm not sure what all the fuss is about!? Afterall, that leaves $50K per month to pay for rent, utilities, PDSG employees, legal fees, investor ignorations, auto allowances, travel, and of course, catering for the 35+ meetings held by our BOD, and various associated committees.

Looks like we've just got a bunch of bellyachers here. Afterall, how can we expect these 6 stellar stewards to navigate this minefield that has been placed on them from all the outside forces completely out of their control, if they don't have the ability to feed their families, even if the current crew doesn't have any large dogs.

Hmmm....I wonder if the Cayman islands requires you carry a minimum balance of greater than $50K if you want to keep a checking account there?! That would explain a lot of these high level financial moves that the gang of 6 has so precisely manuveured. We may want to think about incentivizing them with and extra $10K per month as retention bonuses. I'd hate to be penny wise and pound foolish!