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 fatwollit's message

<"...and the need to preserve cash resources.">

Well, here's a different spin. The reason we need to conserve cash is because Alliacense is no longer offiering bargain prices for licenses. I do believe that there was a wave of companies wanting to talk. It would appear that we are asking for much more than what they figured, and we are not backing off. We may have arrived at the point where we get tough, and that no doubt has negative short term $$$ consequences but positive longer term $$$ consequences.

So, this could be good news. As others have said, and I tend to agree...... Only until the proof of the MMP value shows up on the bottom line in one of the 10Qs, will we be rewarded for being part owners of the MMP. Hopefully that will happen soon.

GLTA, Opty

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optymystic
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