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 Mark4321's message

<TPL can do a batch of MMP licenses at nuisance value.> If they could or wanted to, why haven't they?

<TPL could virtually force PTSC to burn through their cash funds paying for everything until we go broke or do another great loan with Swartz.> TPL can not force PTSC to pay for more than half of expenses. If we did, PTSC would earn additional percentages of MMP. This topic was previously discussed. You must have missed that discussion.

<Another, bad alternative, would be to slow down all proceedings and hope our cash will last long enough to settle with TPL and get past the current 336 re-exam.> Exactly what proceedings are you referring to? If you mean licensing, I think we are already there.

<To sum it up, the only feasible choice is to do the MMPs at nuisances value (or maybe something in Germany)> If they could or wanted to, why haven't they?

<the other alternative are scams to some how rob share holders.> Perhaps, but I do not think any decisions will be made until we hear from the PTO on the 336.

Opty

Please login to post a reply
optymystic
City
Rank
President
Activity Points
18922
Rating
Your Rating
Date Joined
11/02/2006
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post