Patriot Scientific

We've had many postings, including mine, that have showed what revenue numbers are needed to achieve various EPS results.

Given approx 390 Million shares outstanding PTSC would need income of at least $390 million (if they had no expenses) to achieve a $1 annual EPS. That's about $100 million income per quarter. I don't think that will happen any time soon.

The problem is PTSC has yet to demonstrate it's EPS potential in actual 10Q results. We've all been looking at "potential" - for a very long time. It's time we see a couple of Qs of actuals that corrispond to the potential. That, I expect, will start in the April 10Q report. But the fog may not clear then either, because it's possible the recent settlement did not deliver a large one-time payment.