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 BaNosser's message

This sounds very good, very believable, it works, it fits, its doable. Im not accusing you of anything. However. We wont know till the numbers come in, and we actually start licensing new infringers under the current status of Validity and infringement we have just received.

We just dont know how that scenario will play out and there is some uncertainty to it.

If we lose the ITC appeal, and infringers start to balk at higher fee's, how will we make them pay higher fee's? or will we still accept lowball fee's?

Right now im not sure how this scenario will play out, can they argue pre 950k that the fee's were to high in light of the juries finding, is that like a legal standard, the juries verdict?

Im just not sure till we see something that we can take past infringement scenarios and use them. I base this on the fact our expert used those scenarios to determine they owed us 10 million starting out, but the jury didnt see it that way and we lost our experts case.

They awarded us 950 k on their formula, not our formula's. So can we now use defeated formula's, to set a standard for licensing? are they defeated formula's?

Best to you

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DaffyQuacky
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