Mr. X Writes Again!

tpltblogger5 Comments

TPL Blog Friends –

Thank you for your invaluable feedback. 

After reviewing that feedback and consulting with experienced counsel, the current consensus is to hold action until May 18th.

May 18th is more than just the date to close the meeting. It is the date for the independent directors to pull the curtain on the circus. 

To the directors reading this Blog: Prop Four demonstrated the will of shareholders. Any director voting to continue litigation after May 18th will have solidified their contempt for the majority of shareholders.

Counsel indicates several actions I can take independently to help “free” HK & SV, allowing them to vote as they see fit should the meeting not conclude as scheduled.

Thanks to all of you for helping to support our common goal – maximizing value for each TPL shareholder. You’re a sharp-witted, sharp-elbowed, rowdy, and cantankerous lot of troublemakers. As terrible as this situation is, I am proud it has helped me get to know many of you. I believe in the future of TPL and take pride in standing alongside you as fellow shareholders.

“Mr X” was a monicker that the TPLT Blog cooked up, but I will embrace it for now.

– Mr. X

5 thoughts on “Mr. X Writes Again!”

  1. Mr. X.:

    THANK YOU!

    I just assumed Mr X had to do with a chromosome and gender!!!!

    Yes, I went there and THANKS again for taking charge along with Mr. Blogger.

    Alan

    Liked by 1 person

  2. Excerpt from 1Q report regarding expenses, specifically the legal fees. Wonder how else that $41.4 million in legal and professional fees could have been deployed for the benefit of shareholders. Unbelievable!

    Our total operating expenses of $41.4 million for the first quarter of 2023 increased $18.4 million compared to the same period of 2022. The increase in operating expenses is principally related to an increase in legal and professional fees during the first quarter of 2023 compared to the same period of 2022.

    Liked by 2 people

  5. Mr X.,

    Not only is your passion for TPL needed and appreciated. But your willingness to seek out honest feedback and make a judgement taking into due consideration is an inspiration.

    I wish management would show half the integrity you have here.

    Thank you, you have my deepest respect and admiration.

    Brett

    Liked by 2 people

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