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 wolfpackvolt's message

Extracting some of the dated actions gives us an idea of how long this process takes. I'm not sure we have the earliest contact date but from the "Answers & Counterclaims" it looks like contact was first made in April of 2008. Note also the gaps in time betwen actions. So after 2 years here's where we are. As many of us thought, the license sales cycle can be years long.

The question I have is how much capacity does TPL and ALLIACENSE have for dealing with numorous infringers? Can they work seriously on 10, 20 , 30, 50 infringers at the same time? Given there are hundreds of infringers, what's the bottleneck in their process? Staff? If so why don't they hire more people?

April 2008: Defendants admit that beginning in April 2008, Alliacense has informed Sirius XM that products made, used, sold, offered for sale, and/or imported into the United States by Sirius XM infringe one or more claims of the MMP and Fast Logic Patent Portfolios and that Alliacense has given Sirius XM an opportunity to obtain a license to those portfolios.

May 29, 2008: that Alliacense stated to Sirius XM that it believed that “most all Sirius Satellite Radio products that include a semiconductor may need a license

March 25 2009: Defendants admit that a representative from Alliacense met with Sirius XM on March 25, 2009, discussed the Fast Logic Portfolio, and provided an updated claim chart describing Sirius XM products that are covered by the one or more claims of the ‘212 Patent. Defendants further admit that Alliacense’s representative informed Sirius XM that Sirius XM may infringe the ‘212 Patent and that the other thirteen patents in the Fast Logic Portfolio may be relevant to the parties’ discussions. Defendants admit that, when Sirius XM suggested that Alliacense approach Sirius XM’s vendors, Alliacense chose to present Sirius XM with the opportunity to participate and join in Alliacense’s MMP and Fast Logic licensing programs.

March 31 2009: Defendants admit that by a letter dated March 31, 2009, Alliacense transmitted to Sirius XM’s counsel updated Product Reports and claim charts demonstrating how additional Sirius XM devices infringe one or more claims from the ‘336 Patent, the 749 Patent, and the ‘890 Patent.

March 15 2010: Responding to paragraph 14 of the Complaint, Defendants admit there is an actual, substantial and justicia le controversy between the parties as to the ‘336, ‘749, and ‘890 Patents. Defendants further admit that, on March 15, 2010, TPL offered Sirius XM a covenant not to sue on the ‘584 and ‘148 Patents and thus deny there is an actual, substantial and justiciable controversy between the parties with regard to these two patents

Please login to post a reply
Cautious
City
Ventura
Rank
Treasurer
Activity Points
2663
Rating
Your Rating
Date Joined
12/19/2006
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post