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 PCsReasy's message

First of all, until PTSC/TPL can show us the money, I'll continue to look at things conservatively. I've full well learned my lesson. Remember, the J3 settlement? People were using the same arguments to predict $250M plus, and we ended with less than 1/10th of that.

However, as you intimate, there is a likelihood that they wouldn't litigate on such small numbers, and therefore I added in the recurring subscription based royalty structure to the license possibilities. IF EVER there were a licensee set up to pony up based on an ongoing royalty set up, it would be SIRI or DirecTV. I don't think Direct TV did, but as you can see, if PTSC/TPL can get just 50 cents to $1 per year per subscriber, the annual nut is more than covered from just one license. Also, we'll grow as they grow.

I hope this proves to be the case.

Please login to post a reply
lambertslunatics
City
Rank
President
Activity Points
22114
Rating
Your Rating
Date Joined
06/18/2007
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post