To announce or not to announce ...
posted on
Dec 29, 2011 03:45PM
The following discussion considers a favorable Markman outcome and certainly oversimplifies the legal execution of obtaining favorable results throughout the remaining legal hurdles. I'm only concerned about overall strategy.
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How do you get other companies to license the MMP without taking them all to court? You either win at trial with the T3 to send a message to the industries or obtain a large, publicized T3 settlement that should do the same. Otherwise the MMP will continue to languish in a TPL holding pattern until it suits them to risk the value of the MMP. It is possible the T3 litigation will settle much like the J3 litigation because Leckrone and the BOD know the MMP still has a few years eft, which means TPL can continue to expense the MMP licensing effort to PDS and the PTSC BOD can continue to garner unsubstantiated wages. This is certainly a more cynical view. A positive view would be PTSC has incentivized TPL to raise the PTSC SP significantly.
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I'd like to hope PTSC has provided huge incentives to TPL to generate 'huge' revenue from the T3 via the MMP. I would be in favor of offering 10 to 20 million shares worth in options to TPL with an exercise price of 2 dollars. That way TPL would be leaving 20 to 40 million dollars on the table if they don't get the SP to 2 dollars. There needs to be an incentive otherwise we will continue to languish.
GLTAL