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 BostonCA's message

Boston - all of the disputed claims were ruled on, with the exception of claim 1 of the '336.

The observation that todays trading resulted in a share price rise of 2 one-thousandths of a cent, on volume representing 2 ten-thousandths of the OS might indicate the relative importance of the one outstanding versus the other construed claims.

IMO, the majority of the value of the MMP is in the '336 claims. This 'glitch' is particulary worrying, as no-one seems to know what happens next. There are certainly no time-frames stipulated past 29th June, and for all we know, it could take another 5 months to get an opinion on this. In regard to the '336, we are little further forward today than we were in January. Except the BOD, who are forward another half-million or so.

The only thing that is sure about this litigation is that lawyers will make money. My fear is simple - If everyone on the ride is making money, why should they stop the ride..?

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seannie
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