Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
in response to ronran's message

"I am not surprised at significantly increased legal fees/costs, if that is indeed what these figures represent in full.  Although not being a patent lawyer in a large firm, I cannot comment on whether the total number contained in this 10Q is "overboard" or not."

Hey Ron, FWIW, I asked a Patent Attorney his opinion on whether or not the legal fees were excessive as a result of mediation, preparation for trial, etc? His response below. Hope all is well my friend. Good luck to you, me, us, and all longs!

Response:

"Mediation can be costly, but trial and prep just before trial are typically the most expensive part of a case. Those are some pretty hefty legal fees...they were likely generated in anticipation of trial going forward. Hope you had a good holiday season...i guess we'll see what happened in April."

 

 

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kiddtrader
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