they get are even smaller when everybody gets their cut. IN my opinion based on all the available information for every dollar of settlement the joint licensing company, Phoenix Digital Solutions (run by the TPL owners own son out of the SAME OFFICE), gets 15%. Then the lawyer they hired for the ITC and Northern District of California cases gets a contingency fee which could by up to 50%. THEN "partner" TPL gets their 50% cut. SO here is the breakdown on what shareholders could expect:
$1 million settlement dollars MINUS the 50% lawyer contingency fee = $500,000 MINUS the 15% cut to the licensing company Phoenix Digital Solutions = 455,000 MINUS the 50% cut to "partner" TPL = $227,500 THEN of course you have to subtract 50% in California State taxes = $113,750!
EVEN IF PTSC/TPL WON A 100 MILLION DOLLAR SETTLEMENT YOU WOULD ONLY SEE ABOUT 10% OR SO ABOUT 11 MILLION! You could not even justify todays market cap on that! PTSC is WAY OVERPRICED and I would advise selling ASAP!
VERRRRRRY! IMPORTANT! TPL likely has no legal standing because of this and I am pretty sure the judge will agree. He is looking at this disqualification VERY seriously. It could be over tmrw! Get out now!
Look over here! Read this folks! Bankrupt partners are NEVER good for business. Both the ITC and NDOC cases could well be dismissed due to this simple FACT! Do you homework and make sure you do not buy because of that liar "m2shomakers" posts! A few weeks ago he actually tried to convince shareholders that 100s of thousands of shares of options grants were insider buys! Insiders have made no large buys since 2008! NOT GOOD PEEPS!
TPL IS BANKRUPT look it up folks. Research what the potential consequences of a bankrupt company in a lawsuit! These are the FACTS "m2shomaker" thinks he can make you ignore because he tries to somehow discredit me by posting personal insults. What an idiot.
Regardless with what happens at the ITC there will be appeals and we all know they can take YEARS. With PTSCs partner bankrupt there is a very good chance PTSC will be stuck will all the legal costs. They will not last long!