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Message: Re: Why didn't PTSC know
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Oct 08, 2010 04:16PM

<2007 - TPL conspired to charge exorbitant, unreasonable & illegitimate fees and expenses to Moore under the ComAg. PTSC was under the ComAG too. Is it reasonable to assume that TPL conspired to commit fraud against PTSC?....was our BoD absolutely clueless about this?>

For the sake of clarification. Corrections welcomed.

<2007 - TPL conspired to charge exorbitant, unreasonable & illegitimate fees and expenses to Moore under the ComAg. >

I believe Moore is referring to the ComAg between TPL and himself.

< PTSC was under the ComAG too. >

I believe PTSC was under a different ComAg.

<Is it reasonable to assume that TPL conspired to commit fraud against PTSC?>

Possibly reasonable to assume. But assuming does not equate to acceptable proof in a court of law.

<was our BoD absolutely clueless about this?>

I would prefer they do not waste money on litigation with our JV partner and the sole source of all PTSC's revenue unless there is a reasonable chance of being successful in such litigation. But that is only IMO.

Opty

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