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

"To me this is a very positive sign regarding future licensing activity because at an other place the 10Q says the MMP is the only cash resource, hence, not to fund PDS' operations sounds like they are expecting incoming revenues SOON."

I read it differently. My take is PTSC isn't funding PDS, if PTSC isn't recieving any revenue from PDS. When revenues start turning, the PDS funding will recommence. PTSC has already committed to direct financial payments to TPL for litigatigation expenses 60 days past the Markman hearing. But you've already read that, I'm sure.

That's it. That's how I see it.

A big ol' vote of no trust aimed towards Lekrone.

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MagnusBuchs
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River City, Iowa
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Patriot Scientific
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