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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Being a simple-minded person, lol.

Patriot Scientific

almost 13 years ago

in response to l2007s's message

Being a simple-minded person here's a solution to all our problems. When Alliances signs a license agreement with a company (with PTSC approval) the signed company cuts two checks, one to TPL and one to PTSC, let's say the agreed license is 10 mil dollars, 5-mil goes to TPL and 5-mil goes to PTSC. PDS submits their bill for their expenses, with accompanied documents for proof. TPL pays their 50%, and PTSC pays their 50%. What agreement MC/TPL is no concern to PTSC. The point of all this is the pie gets sliced at the time of signing, NOT BEFORE it gets to PDS. WA-La case closed.

Wolfpackvoltare