....PTSC, in its complaint pretty much accused TPL/Leckrone of waste, fraud and abuse and expressed concerns that TPL may in fact be insolvent...

i agree in total with this statement. as you say that everyone may have a own opinion, may be the bod did not want to take the risk to go a multi-years trial against leckrone with the "breach of contract" issue. i say may be...!

but what i do not understand is, why did non of the us-agora shareholders (and i asked that at those days) got a state attorney to investigate in public interest. (16000 shareholders).

then ptsc (and we as shareholders), would not have had the risk to be sued by tpl, but the whole case would not have been in their hand any more.

so why did non of the legal experts on this board show up with such an action???