Patriot Scientific

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

over 16 years ago

in response to paylslyone's message

A "royalty-bearing product" means any product defined by any claim of the licensed patent or made by a process or method claimed in the licensed patent;

The "net selling price" shall mean the invoice price of the royalty-bearing product sold and not returned. A royalty-bearing product will be considered to be sold when shipped or delivered to a customer;