Memory apparently not totally shot yet.

<The $1,000,000 note which was due to be repaid by February 28, 2010 went into default; however, on January 19, 2011 we received $1,098, 903 consisting of principal and accrued interest in settlement of this note. On July 15, 2010, we received $1,003,095 from PDS for payment on the $950,000 note issued in December 2009 plus accrued interest>

So the 8K info is simply creating a PDS account receivable from TPL to offset the loan that PDS absorbed when TPL defaulted and the company paid PTSC. Nothing to do with past licensing IMO.

Opty