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 beantown's message

<So, if the 7mil reflects all monies received from the several new license agreements....I sincerely hope one of them was not DT.>

But it could be and the court is intervening on distributions to JV partners. That is one possibility. See my prior post on that subject. The other is something other than a single payment license. Will have to wait until the dust settles and more information is made available.

But yes. If that 7 mil balance on PDS books represents all of the license funds and that amount included DT, it would be most depressing. Almost inconceivable at this point in the game with patents now finally exiting the reexam process.

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