Patriot Scientific

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

Per Wolf's PACER from last night, please see below. Are we FINALLY collecting monthly Royalties from the infringing community?

If so, the implications could be HUGE for the shareprice; predictive revenues, guidance, etc.

--------------------------------------------------------------------------------------------

Plaintiffs blithely refer to Mr. Moore as a “commercial failure” and characterize his
inventions as “bizarre,” suggesting that he is a patent-trolling crackpot. Nothing could be further
from the truth. Over 90 industry leading electronics companies (such as Motorola, General
Electric and Panasonic) have purchased licenses so that they can lawfully use the lessons of the
patents-in-suit. These are not “nuisance value” licenses reached during litigation; these are
significant royalty-bearing licenses recognizing the valuable contributions Mr. Moore made over
the prior art. See In re Rouffet, 149 F.3d 1350, 1355 (Fed. Cir. 1998) (patentability shown by
“licenses showing industry respect for the invention.”)
Argument

Please login to post a reply
hemdog
City
San Diego
Rank
Vice President
Activity Points
838
Rating
Your Rating
Date Joined
04/09/2008
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post