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 jldmt's message

Do these comments add up to be something very meaningful from PTSC's perspective? (I've added some)

* "…yet a potential MMP license should be worth 3 or 4 times what they are getting?"

* "If MMP is only 4 times more valuable then Core. Then a “deal” for 10 million should split 2 MM for Core and 8MM for MMP. BUT what if the “deal maker” makes the deal and assigns the value received as being 4MM for Core and 6MM for MMP?"

* First mover discount

"The Company received a distribution of approximately $10,116,000.00 from the HP transaction."

* "Unconstrained by associations with formal standards setting processes, the MMP Portfolio Licensing Program rewards first movers in their industry sectors with dramatic discounts."

* "The Complaint makes several allegations against TPL and Alliacense, including breach of contract, breach of fiduciary duty, aiding and abetting breach of fiduciary duty, contract interference, constructive fraud, and unjust enrichment, while also seeking declaratory relief over specific contractual disagreements. The Complaint further seeks an accounting of revenues and expenses charged to the PDS joint venture, while also engaging in licensing activities designed to profit TPL at the expense of the interests of PDS and Patriot."

* "These are serious charges and perhaps their gravity is not adequately appreciated as yet in the discussions on this forum."

* "...we believe they are in the best long-term interests of Patriot, its shareholders, and our ownership in the MMP™ Portfolio."

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jldmt
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Patriot Scientific
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