I see a few possibilities here:
- TPL vs PTSC settlement - TPL has no need to continue the appeal. If we settled should we not expect to see a new Master Agreement with amendments? Or a new agreement outside of the MA? If not, why not? Proove to shareholders you are watching out for them
- TPL ploy - TPL never intended to file a brief to waste time against PTSC and whoever else (Moore, T3, Chet, et al)
- TPL still has the opportunity to file the opening brief by July 5th
If number one transpired I would expect to see an 8k referencing an amended MA weighted back equaly or in PTSC's favor. Or an 8k referencing a new agreement outside the MA detailing new MMP audit controls. Something to show the shareholders of this company the BOD is learning.
Give prospective shareholders a reason to begin a position.
GLTAL