Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

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Re: $20 million

Patriot Scientific

almost 13 years ago

"You know if Chuck wins, Lekrone is going to want us to pay our 7.5%.
Over the past couple years of licensing, I'd be surprised if we weren't liable for around $5 million."

Quid pro quo. If PTSC really would be liable to make a payment, let it come out of future proceeds on the same basis that Leckrone plans to 're-pay' PTSC. Leckrone should pay Chuck from TPL funds - isn't that where the agreement is as well as the litigation?

PTSC <-----> PDS <-----> TPL <-------> Chuck Moore