Patriot Scientific

after the shareholder meeting I came away with different idea about what is or isn't nuisance value licenses. When I asked Otteson if the SD motion goes our way would this be the impetus for settlements. He said he thought so because some of the companies just don't owe us that much. So let's say for example Sierra wireless owed us 12 million based on our valuations and they settled for 6million is that nuisance value or just settlement negotiations. How much of a discount would be considered nuisance value. The MMP has been in flux for years so I am sure we had no other recourse but to take in nuisance value licenses to keep us in the game. I don't negotiate patent portfolios so I couldn't tell you how much of a bargain you give some company that owes you millions to settle.

Just a thought while we are awaiting our fate.

Good Luck!