On The Other Hand.....
posted on
Oct 07, 2013 02:52PM
I agree with Ron and many others that two days after the verdict in the HTC case it is to early to expect news of our next target for a law suit or news of that future nature,
But and However:
I do not think it is to early to hear from the Board how the company will be seeking value for old and new shareholders based on Cliffs pre trial statements.
Such as
Learning from the company that there will be a new and more transparent business model from this moment on as to how PTSC will be run and how it will relate to shareholders. No longer should PTSC shareholders be kept in the dark regarding what in court turns out to be a material event, (i.e. such as the terms of the Apple license). This license not only was a method to allow Leckrone to make a significant hit to PTSC revenue but it was IMO a material event as this license though it was a sham to favor Leckrone was what the jury (imo) based the license on.
Such as
We can learn now and not at some later date if ever in specifics the amounts Acer and Amazon paid to obtain their license's.
In court and Pacer documents (thanks BaN) we learned that one of the license terms Leckrone gave Acer was if we lost the initial ITC judgment that we would not be going to trial as was scheduled and that he had given them a two tiered license. One sum if we lost and another if we won at the ITC. What were those amounts? Same goes with Amazon, two tiers of fees base on ITC ADJ decision. What were amounts of License fees earned?
Obviously the sum is not going to blow our socks off and who knows if Leckrone pulled another Apple with these companies and bundled his "stuff" to get the advantage to him over the mmp. However, imo Cliff, Patriot can start being run like a real public corporation. For instant make it public that the PDS slot will be filled by an on Board or Leckrone lackey but by a respected Shareholder known by many of the long time shareholders.
(Side note: All who read this should contact Cliff. Tell him we want that PDS representative appointed now not later and after a few more of the Leckrone deals slide through. That in our opinion the rep. has to be honest, knowledgable about the patents and history of the company and he/she does not have to be a friend of Cliffs. He/she only needs to be interested in obtaining the best value for shareholders).
Such as
In addition we should be told immediately if there were any additional signings/bundling etc by the Leckrone during or after the trial and verdict?
Imo, another the announcement that this time for real PTSC will be issuing regular news releases regarding good as well as bad news. Though there may be negative as well as positive movement based on these releases this is how all real public corporations add value (hopefully to their shareholders investment made by buying the corporations shares.
Such as that the Corporation will be looking into ways of increasing shareholder value. Ways that would include ideas such as those proposed by Brian B.
Therefore:
Imo these are just a few of the examples of information that will allow the company to stay in front of the investing world and especially current shareholders. We should not allow the Board of PTSc to take us back into the black hole of no news and being allowed to once again close the door of transparency that is needed to proceed in a positive manner. IMO