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 jldmt's message

Low Hanging Fruit - Did we get it all? At one time that was the reason we were given for low signing fees.

That was perhaps the biggest ruse perpetuated upon us. In my opinion, the low signing fees were merely the reduced fees allocated to us by the now-bankrupt shyster for commingled/packaged licenses involving other TPL portfolios. I know it sounded good at the time: offering "discounts to early movers etc..." 90% of that is total BS, especially with the hindsight we now have !! My belief is the MMP took a haircut on its allocation, probably about every time.

Why aren't they licensing?

The relationship is so strained now, I am not sure how one could expect any licensing. I am sure it is now a case of which party can inflict the fatal wound upon whom, first. TPL's ownership and control of the MMP MUST be wrested away during this BK proceeding, otherwise I think we have an enormous problem on our hands.


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