Moore messed up. Lecrone was his "friend" and we have his judgment to thank for getting stuck with this blood sucker. Of course if it was not for Moore we would not have his contribution to the MMP. The "letter" is nothing more that venting by frustrated shareholders. Without its source being vetted by the court (something they simply do not do on their own) there is no telling who it came from. The PTSC board could have taken a stand against Lecrone sooner but the fact that Alliacence controls the licensing and is essentially controlled by Lecrone Sr. and run by Lecrone Jr. gave them extraordinary leverage. The problem really goes back to the Master Agreement in 2005. The PTSC board has subsequently modified the agreement when it became apparent we were being ripped off with TPL license comingling. Should the board have figured it out sooner...of course. A bad ITC ruling and a pathetic jury award and now the HTC appeal and TPL bankruptcy has limited licensing. Shareholders are naturally upset.
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