Patriot Scientific

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

I remain convinced that there must have been a contingency (USPTO) deal with the Js, otherwise why the CC and why the Judge's ongoing scrutiny?

I'll go a step further and suggest that once that approach to settlement/licensing was deemed acceptable by our team, it was used again and again, thus explaining how they were able to get 12 (now what, 17?) companies to sign in such a relatively short amount of time. IMO, the J deal set a contracting precedent. Undoubtedly the ongoing USPTO action would cause some/most to hesitate. But give them that "out", and postponed payment, and they sign with a lot "warmer feeling".

JMHOs,

SDE

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SGE1
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