The Way It is Suppose to Be.. Message to All..
posted on
Nov 16, 2013 11:00PM
Today the 16th of November 2013, the San Diego UT Business section had an article regarding a local publicly held company which had just won a PATENT law suit in U.S. District Court (sadly the article was not about PTSC). San Diego based Cadence Pharmaceuticals and the original Patent Owner sued Excela Pharmaceuticals for fraud and infringing without a license.
Cadence, which is followed closely by Seeking Alpha an tech investment analytical service (does anybody follow Patriot (?)), had it's publicly traded shares surge on the news provided by the company and Seeking Alpha as well as other analyst reporting on this development all of which was fueled readily and eagerly by the Cadence itself.
Cadence mgmt. were not concerned about waiting to tell the world about the win. They did not put out a short pr and stop there explaining that they did not want to really push the news as there might be appeals or some other such excuse as the mgmt. of Patriot always seems to do.
Cadence mgmt. realizes that their job is to grow their company, produce products or purchase licensees to patents or products to benefit Cadence, to follow all applicable laws, to not listen to outside sources that might not have Cadences best interest in mind, but to realize that one of their prime responsibilities is to be good fiduciaries to the shareholders of the company and therefore grow shareholder value via increase share price.
For all who may think that Cliff and DL's method of withholding news until all the i's have been dotted and t's have been crossed (appeals etc etc...) and then maybe trumpet news that could be months or years old this article on Cadence is imo a great example of how a small company can be well managed to the benefit of it's owners.... might I suggest all ptsc shareholders who are interested contact the reporter at Seeking Alpha Larry Smith or the UT reporter Bradley Fikes who can be reached at bradley.fikes@utsandiego.com.
Personally, I am not sure how important this pain medicine delivery system is to the health and welfare of the ill. I would not be surprised if it is important what I am almost very sure of though is that the Moore and Fish patents that we own is probably worth many many times that of the Cadence patent. How can I state that? Where is the proof?
We have discovered in over 100+ cases that companies have taken our patents without authorization but by very slight arm twisting have ponied up token amounts for licenses. They have stolen the patent information and thereby used that information provided via the breakthroughs of Mr. Moore and Mr. Fish in almost all electronic devices (if not all) have made use of our patents for almost two decades.
The patents have made it possible for toys, games, and other such devices to work more efficiently and faster then would be possible without the patents and possibly some of these devices to this day would not be possible or viable.
However what I feel has been forgotten or overlooked especially by our own leadership and lawyers is that our patents are embedded within many sophisticated devices. Computers and calculators and other research tools that are used by researchers today, (ironically even Cadence probably used such research mmp enabled devices that allowed them and the patent owner to develop their machine and then therefore win their suit) while PTSC languishes.
Why, well imo, the people who have control over the patents, today, that would be Flowers and Leckrone are not in any league close to the intellect displayed by Moore and Fish.
Where would the world be if research labs and other similar facilities did not have devices that utilize OUR PATENTS, thereby helping make their breakthroughs possible? Breakthroughs in medicine and industry without the intellect of Moore and Fish might have cost lives that have been saved, productivity that has created jobs, devices might that might never have seen the light of day
I do not mean to imply that nobody else would have developed the theroms necessary for the patents to be utilized BUT when and how and by whom would be the operative question to me.
It is my belief that God has a purpose for us all and Mr. Moore and Mr. Fish fulfilled their purpose or at least one of them through the patents we now own (yeah sadly with tpl) and control and which have been used illegally by others for their benefit and only recently have a few taken the sweetheart deals offered by DL and bought a license.
Bottom line imo ..... the real story in my opinion which I if I were in mgmt and our lawyers would be to point out to the world what the value to the world at large are the patents produced by Mr. Moore and Mr. Fish.
It was their discovery that has been taken and used without permission and which imo is a violation of their God given intellect which they were given to benefit mankind. To steal is always wrong but to steal such intellectually beneficial patents without proper acknowledgment/authorization to the proper researchers and owners should be punishable by more that a monetary fine.
Leckrone and Flowers do not only do a disservice to PTSC shareholders by not seeking and obtaining proper compensation for our licenses but also belittles the God given intellect behind the patents. They should be ashamed in more ways then one.
And that is MY OPINION!
Marc