did we need to approve every License; now that PDS and not TPL was named the Licensor, and Carl was named as President of PDS. Prior to that, TPL would have run the WHOLE show; regardless if we agreed to the licensing deal or not.
That previous licensing approval structure resulted from the Agreement that both Carl and Gloria were personally involved in the negotiations of, and from which they were each paid tens of thousands of dollars for "their efforts".
If I recall the facts right, this would have been about 6 months before the PTSC Corporate record provided for BOD members to be paid any money for their service on behalf of the company.
Since, based on my recollection they could not be paid cash as BOD members at the time they negotiated the Agreement (2005), I assume they were paid due to their professional capacities as Attorney and CPA.
Did the TPL/PTSC agreement resulting from their personal negotiations expose them to any malpractice considerations which carry a 4 year Statute of Limitations ? I don't know, but I do know the date of our lawsuit against TPL occurred in 2010.