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Message: Re: TPL and Patriot both need to be relieved from ownership

You did say it! I wondered then at what price. Who is going to set the price? PTSC? The company that buys PTSC? The court? What valuation will any of them use? The best way to price the value of PTSC is too ask DL and get him to do the appraisal. Then he can grab the buyer by the "ears" "twist" and say something like he knows how all this works from his years of experience.....

PS, I am assuming he will want a commission. Who will set the commission price? LOL

DL of course! say 80% plus fees... leaving about 3% to be split by PTSC BOD and shareholders... UGH.....

Your point was great IMO. You just needed to explain the details of a buyout. $1.00 net, to whom, or cash and shares in the buying company, dividends or tax consequences? Lots to negotiate... But a buy out could be what we should be hoping for! ??

Any news from today's court hearings in San Jose?

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