Patriot Scientific

Looks like January is pretty good.  $19.433M in license revenue for Q2.  Not bad.  Big expense number but considering the settlement negotiations / stay were predominately done during the past quarter, I suppose it's to be expected.

I, like you, would like to see some communication from the company, but disagree that it should've/could've come BEFORE this filing.  Now that this is out, Turley can have the stage and discuss some things that are pending.

That being said, if Philips paid $18M as it appears, then it certainly looks like the license fees are INCREASING, as it used to be about $1 in fee for every $1966 in revenue you made, but for Philips, $18M would represent $1 for every $1467 in revenue.  So, roughly a 25% increase.  Can you complain about that?