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 passingthrough's message

There is a reason that this type of structure is used for REITS - a real estate investment will generally appreciate over time without the need to plow profits into the property - real estate genrally appreciates. I don't think ptsc, or most corps, are in this postion. PTSC must take profits and try to grow the business. Your example states that a "certain high percentage of profits are distributed", meaning little would be left for growth. Basically PTSC would never be more valuable than it's expected future revenue from licensing. For that reason IMO PTSC is the exact opposite of the type of corp you would want to become a royalty trust.

Don't mean put your idea down. Just doesn't sound like a good fit for PTSC IMO.

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FutTheWuk
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