Patriot Scientific

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

1. 10 or more licenses will be made before the end of 2013.

2. during the two calendar years, 2014 and 2015, 200 licenses will be made.

3. if the total licensing effort is $3b...then $1B goes to PTSC, and 1/2 of that to taxes. leaving $1.25/share residual value. (this is a wasting asset). (1B to Mr. O and 1B to lecky).

4. if the BOD will do a constant dividend...say $0.10/share/quarter...for more than 4 consecutive quarters...the share price sometime during that two year period will be a lot more than the $1.25/share. just the way the market works.

5. and is there any difference between the financing done by Schwartz (it kept the co. afloat) and the legal fees to Mr. O ...it also kept the co. afloat..but it did "dilute" the "share" going to PTSC.

6. the board...this board...got its wish with the trial and verdict. and it turns out the emperor was not very well dressed (not worth as much as we had hoped).

7. if there had been a NDA agreement with HTC...for the same dollar amount...would that have helped the licensing with other co's, helped in terms of pricing, because the amount would not have been known? no one will ever know.

8. what we do know is that if lecky and the BOD had done a settlement with HTC for the dollar amount given in trial...and this board knew the amount...this board would have been a lynch mob for the BOD.

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nearbeer
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Patriot Scientific
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PTSC
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