Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
VALUATION
almost 12 years ago
3

With 400mm shares O/S and PTSC entitiled to 1/2 the MMP revenue ( less expenses) and PTSC also being a fully taxed ( no NOL) entity what would we value PTSC if

MMP capable of 1BB in revenues

That's 500mm for PTSC and abut 450 after expenses. Then tax at 40% to cover Fed and State income taxes ( assume Obama doesn't hike) that leaves 270mm free for PTSC divided over 400mm shares or about 75 cents per share,,

If MMP capable of 500mm then PTSC worth 37.5 cents

So this is about 7.5 cents per 100mm MMP revenue potential.

What do we thnk teh realistic potential of the MMP is given the remainig life of the patents and the remaining 300 or so companies and teh historical licencing model.

Is this capable of being a 2 dollar stock or should we look for an exit between 60-80 cents

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Wings05
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03/01/2005
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
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401,392,948
Industry
Technology & Medical
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