Anyone on this board, including BoD family and friends, really know what's happening in the courts and with negotiations? A capable PTSC BoD should attempt to have at least 50% authorization for approval of licensing amounts and expense limits, which would modify existing agreements.
However, even assuming that our BoD has hired the right people to accomplish this, the problem is: The BoD has proven for years that it does not have the "qualifications and experience" to monitor and control TPL's expenses.
The BoD needs the court to order that proper financial consultants chosen by PTSC will routinely audit all TPL expenses.
In practice, the only thing the current BoD has to do is pick the best people to make and enforce the decisions to maximize profit. This should enhance shareholder value.
Upside: Less pressure to remove the BoD and they keep taking big fees and options.
Downside: They will pay anything to stay in; can you imagine the consulting bills?
Hey, wouldn't it be better for shareholders to have directors and management that could do both?