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by Kirk: Edited Press Release
[2/22/06] PRESS RELEASE: Patriot Scientific Announces Important Patent Licensing Agreement with Casio
PTSC: Patriot Scientific (Feb 22, 2002)
Casio Joins HP as Second "System" Manufacturer to Recognize Need for Digital Hardware Manufacturers to Purchase License for MMP(TM) Core Microprocessor Technologies
See PTSC: Patriot Scientific Charts and Discussion forum.
Penny Stock Risks
Penny Stock Warning: Penny Stocks are cheap for a good reason. Most financial advisors advise against buying penny stocks because most people lose money, the commissions are huge and they are subject to price manipulation due to the small float. Thus, I tell people to consider buying penny stocks as gambling. NEVER buy more than you can afford to lose and consider the purchase as a trip to Las Vegas where you have a budget on what you can afford to lose at the gaming tables, including air fair and lodging.
And
February 22, 2006: Disclaimer: I hold this stock in my personal account and not my newsletter. I have a profit at this time. I may change my position at any time and will not necessarily report this beforehand. Buy or sell at your own risk and don't assume anything.
With that out of the way....
PRESS RELEASE
Source: Patriot Scientific Corporation
Wednesday February 22, 9:30 am ET
Patriot Scientific Corporation (OTC Bulletin Board: PTSC.OB) today announced that Casio Computer Co., Ltd. has become the second system manufacturer to purchase a license to use intellectual property protected by the Moore Microprocessor Patent(TM) (MMP) Portfolio. Patriot and The TPL Group are co-owners of the MMP Portfolio, which is being exclusively managed by Alliacense, a TPL Group enterprise.
Following a similar agreement reached with Hewlett-Packard last month, today's announcement further substantiates the need for modern hardware manufacturers to secure MMP Portfolio licenses to cover the entire spectrum of their digital product lines. Terms of the Casio license were not disclosed.
"This marks yet another important license confirming the significance of the patents in our valuable jointly owned portfolio," said Patriot's Chairman and CEO David Pohl. "We are pleased that this licensing decision by Casio represents another notable step toward creating added value for our shareholders."
"The intellectual property represented by the MMP Portfolio, and protected around the world, encompasses building blocks for virtually all digital products being designed and shipped today," said Mac Leckrone, Alliacense president. "The depth and breadth of digital products exploiting MMP Portfolio design techniques is remarkable. We routinely find these techniques used in devices ranging from simple TV remote controls to sophisticated medical diagnostic equipment - from portable media players to complex internet 'backbone' hardware. Today's automobiles have dozens of such devices."
Leckrone noted that once digital hardware vendors recognize their broad reliance on the intellectual property protected by the MMP Portfolio, they appreciate the critical need to secure continued access to the fundamental MMP technologies. "System-level coverage is essential to maintaining product design freedom and avoiding supply-chain disruptions," he explained. Alliacense also offers simple, royalty-free licenses to all semiconductor sector operations, worldwide.
Leckrone confirmed that the MMP Portfolio Licensing Program rewards first movers in their industry sectors with substantial discounts. "By design, our licensing structure enables nimble and forward-thinking system manufacturers to disadvantage their competitors."
Dramatic Turn-Around
"The Alliacense team continues to produce results that increasingly confirm our confidence in their effective strategies and focused efforts," noted Pohl. "The revenues we have realized from licenses to this point along with other recent actions by the company have resulted in significant fiscal strengthening of Patriot Scientific. All of this is consistent with our paramount goal of enhancing shareholder value by growing the business and prudently addressing company fundamentals."
Patriot Scientific's market cap reached a level of more than $185 million as of the close of trading on February 21, 2006 -- having soared upward from $25 million in less than a month.
Two weeks ago, Patriot Scientific announced it would retire all outstanding debentures along with the signing of an agreement giving it the option to buy back what could amount to up to approximately 20 percent of the Company's total outstanding stock warrants. Last week, in an action which is virtually unprecedented among microcap stocks Patriot announced that it would pay a cash dividend to shareholders and qualified warrant holders of record as of February 24, 2006.
Until mid-2005, Patriot had never before shown a quarterly profit, and had never before realized significant revenue from its seminal microprocessor innovations. However, in the past year, the Company's jointly owned patent portfolio has been successfully licensed - through its marketing alliance with The TPL Group's Alliacense division - to Intel, HP and AMD. These first licensing agreements, in their initial disbursements, have generated more than $25 million in revenue for Patriot.
According to Leckrone, the purchase of MMP System Licenses by global system manufacturers such as HP and Casio has increased MMP licensing momentum. He reports that of the hundreds of companies Alliacense has contacted worldwide, dozens have begun to seek licensing arrangements. "The competition for early-round berths in many key market sectors is becoming intense."
About Patriot Scientific
Patriot Scientific (OTC Bulletin Board: PTSC.OB - News) has emerged as an effective and dynamic intellectual property licensing Company, developing and marketing innovative and proprietary semiconductor technologies. The Company's portfolio of proprietary designs encompasses what is believed to be fundamental ultra-low-power array microprocessor technology, as well as pending patents designed to protect Patriot's proprietary technology.
Detailed information about Patriot Scientific can be found on the website www.ptsc.com. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found at www.hawkassociates.com and www.americanmicrocaps.com. An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/patriot/profile.htm.
About the MMP(TM) Patent Portfolio
The patent portfolio, marketed as the Moore Microprocessor Patent(TM) (MMP) Portfolio, contains intellectual property that is jointly owned by publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven US patents as well as their European and Japanese counterparts. Protected through year 2015, these patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processor (DSPs), embedded processors and System-on-Chip (SoC) implementations.
In light of the early validation of the MMP Portfolio by license agreements with marquee chip-makers Intel and AMD in 2005, followed by the announcement of a license with HP in early 2006, MMP licensing efforts are now focused on global system manufacturers.
Global sales of end products deploying chips using technologies protected by the jointly owned patents are estimated to be greater than $200 billion annually. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group enterprise.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the Company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Alliacense, Moore Microprocessor Patent, and MMP are trademarks of Technology Properties Limited (TPL).
See PTSC: Patriot Scientific Charts and Discussion forum.
Kirk's Investment Newsletter
As of 12/31/05 the Total Return for "Kirk's Newsletter Portfolio" since 12/31/98 is Up 197% while the S&P500 only up 12%!!! & NASDAQ only up 1%!!! (my portfolio beta is roughly equal to that of QQQQ.)
DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.
The copyright of the article PTSC: Patriot Scientific in Investment is owned by Kirk Lindstrom. Permission to republish PTSC: Patriot Scientific in print or online must be granted by the author in writing.
Comments
Mar 1, 2006 7:08 AM
Single Engle
:
I sure wish I had more confidence in myself but I was waiting to see how things held up going into paying the dividend and re evaluating then. Kind of an out of site out of mind kind of thing. I do buy for the long term cus I do have a day job. :)so don't always have time to always keep an eye out.
Hindsite should have put in auto sell at 1 for a portion so I could have been happy with better than double :) Then when that happened put a buy in for 25% correction after the run up as that would have got me close. And now today I could have more shares and a little more cash.
Now today am still happy with having patience.
question is what to do now. I think I'll take the day off and go skiing.
Enjoy the moment.
SE
aka Dude :)
Mar 4, 2006 10:47 AM
Single Engle
:
So far this hasn't been a bad gig. Since they still have to hear from over 100 more I wonder what will happen if/when? they anounce they singed 10 in a day. :)
Mar 9, 2006 6:38 AM
Single Engle
:
Holy Cow the news Keeps coming
Patriot Scientific Corporation Announces Second Cash Stock Dividend in Less Than a Month
Thursday March 9, 9:19 am ET
Annual Meeting and New Offices Also Announced
SAN DIEGO--(BUSINESS WIRE)--March 9, 2006--Patriot Scientific Corporation (OTC Bulletin Board: PTSC.OB - News) today announced that it will issue yet another cash dividend for shareholders and qualified warrant holders of record as of March 31, 2006. This dramatic announcement follows closely on the heels of last month's announcement of the Company's first dividend payable on March 22, 2006. Patriot's earlier dividend was $0.02 per share - the new dividend is planned to be $0.04 per share.
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The Company has been advised that it will likely receive the distribution of its share of the proceeds from recently announced patent portfolio license transactions by the end of March. Those transactions, announced within the past month, involved the Company's jointly owned Moore Microprocessor Patent(TM) (MMP) Portfolio having been successfully licensed - through its marketing alliance with The TPL Group's Alliacense division - to Casio Computer Co. Ltd. and Fujitsu Limited.
The Company expects to pay the dividend in late April, with the exact date to be determined and announced. Final information as to the number of shareholders and outstanding shares will be provided by the Company's transfer agent as of the record date, but based upon current information and estimates the Company will set aside funds of approximately $15 million for payment of the dividend when distribution of its share of licensing proceeds is received.
"I am delighted to speak on behalf of the Board of Directors in announcing this planned dividend, which will be double the amount of the previously declared dividend," said Patriot Scientific's Chairman and CEO, David H. Pohl. "The timing and amount of the payment to dividend recipients is subject, of course, to the Company actually receiving our expected share of the proceeds from the licensing transactions," Pohl continued.
"This second dividend announcement in less than a month - something extremely rare in the world of microcap stocks - is yet a further important step toward evidencing the faith and belief of the Board of Directors and management of Patriot Scientific in the Company's current financial strength and future potential," said Pohl. "We are pleased to be able to continue rewarding loyal sharehol
Mar 15, 2006 7:45 PM
Single Engle
:
Today that percentage even looks bigger ! :)
From a novice I believe today filled a gap. Looking for some insight if I have it right. I would like to think so as I bought more today. :)
Mar 29, 2006 10:36 AM
Single Engle
:
Hmm it seems to have settled out a bit and having a good day today.
Enjoy the moment um
:)
Apr 17, 2006 10:51 AM
Erwin P. Schulz
:
What is the deal with the drop today??? The following press release hints at something, but something else must be going on.
Any ideas?
Press Release Source: Patriot Scientific Corporation
Patriot Scientific Announces Proxy Mailing, Receipt of Casio Licensing Distribution
Monday April 17, 9:00 am ET
Extends Time for Filing 10-Q3
CARLSBAD, Calif.--(BUSINESS WIRE)--April 17, 2006--Patriot Scientific Corporation (OTCBB: PTSC - News) today announced that the Company has received the distribution of its share of the proceeds from the previously-disclosed Casio license transaction. No further details of the licensing transaction were announced. To date, Patriot has received in excess of $38 million in distributions as its share of licensing revenues generated by its patent portfolio in slightly more than a year, including licenses with AMD, Intel, Hewlett-Packard, Fujitsu and Casio.
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In addition, the Company's proxy statement has been filed, on schedule, with the Securities and Exchange Commission. This statement was mailed to shareholders last week, in advance of the Company's Annual Meeting of Shareholders, to be held on Friday, April 28, 2006 at 10:00 a.m. at the La Costa Resort & Spa, 2100 Costa Del Mar Road in Carlsbad, California.
Patriot Scientific also announced that the Company filed for a five-day extension, as permitted by law, to complete its filing of its 10-Q for 3Q 2006. "This extension was filed to allow our financial team a few days of additional time they needed to adequately analyze appropriate accounting and disclosure of significant revenue from licensing transactions and other matters occurring during the quarter," said Chairman and CEO David H. Pohl. "We anticipate no difficulty with this filing, and fully intend to complete our filing on or before the slightly extended due date."
"We also realize that some shareholders get frustrated when there is a gap for a period of time as to announcements of new license transactions for our patent portfolio," Pohl said. "The Alliacense licensing team which manages our portfolio, which is jointly-owned and marketed as the Moore Microprocessor Patent(TM) (MMP) Portfolio, continues to diligently pursue negotiations with candidate companies. The nature of the process is such that it requires our patience because, as much as we and our shareholders might desire otherwise, the status and progress of negotiations must remain confidential, and license agre
Apr 19, 2006 10:47 AM
Single Engle
:
To: catflu2 who wrote (22746) 4/19/2006 12:52:50 PM
From: da_cheif Read Replies (1) of 22749
PTSC....looks ripe for a nother blast from here...
Apr 19, 2006 12:57 PM
Erwin P. Schulz
:
Let's hope so!
Bought at $.93 and $.89, but chickened out when in the $.70s.
As the outlaw Josie Wales said, "A man's got to know his limitations."
Jun 2, 2006 11:38 AM
Erwin P. Schulz
:
It's funny how a funk in prices gets reversed only days<b> before</b> a big announcement.
But I sort of get how the racket works, accept it and hopefully make out ok on days like yesterday when my autosell of $1.01 hit (I was travelling on business and usually put in some "just in case" limit orders) and today when I sold off most of my dollar shares for a nice 30% gain.
Now the question is, what to do? My opinion for the short term is we continue the trend down until dollars are doled out by management and sustainable future earnings are visible. That will give investors reason to buy and hold rather than today's momentum move.
Jun 13, 2006 6:45 AM
Erwin P. Schulz
:
While another deal is good, "Show me the money!"
Press Release Source: Patriot Scientific Corporation
Patriot Scientific Corporation Confirms Licensing Agreement With Nikon
Tuesday June 13, 8:59 am ET
Licensing Program for Fundamental Patents Continues to Attract Support of World's Top Intellectual Property Companies
CARLSBAD, Calif., June 13 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) confirmed today that Nikon Corporation has become the latest manufacturer to purchase a license to the Moore Microprocessor Patent(TM) (MMP) Portfolio, a group of patents that enable higher performance and lower cost designs in today's digital systems. Nikon joins a remarkable and diverse group of the world's most well-respected designers of digital systems including HP, Casio, Fujitsu and Sony. Terms of the Nikon license purchase were not disclosed.
Jun 26, 2006 6:20 AM
Alex Zarwi
:
Hello everyone,
I'm new to the discussion, but I'm a fan of PTSC as well. Below is an email alert I received this morning. I'm sorry I couldn't receive more details, but if anyone learns more about this deal I would love to hear about it.
-Alex.
E-MAIL ALERT ABOUT PATRIOT SCIENTIFIC CORPORATION
Patriot Scientific Corporation Confirms Seiko Epson Agreement to Purchase MMP(TM) License
MMP Licensing Program for Innovative Ubiquitous Patents Continues to Attract World's Leading Intellectual Property Companies
For further details, go to
http://www.hawkassociates.com
Jun 26, 2006 6:26 AM
Single Engle
:
Press Release Source: Patriot Scientific Corporation
Patriot Scientific Corporation Confirms Seiko Epson Agreement to Purchase MMP(TM) License
Monday June 26, 8:45 am ET
MMP Licensing Program for Innovative Ubiquitous Patents Continues to Attract World's Leading Intellectual Property Companies
CARLSBAD, Calif., June 26 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) confirmed today that Seiko Epson Corporation has agreed to purchase, pending approval by its board of directors, a license to the Moore Microprocessor Patent(TM) (MMP(TM)) Portfolio. Seiko Epson joins a stellar group of MMP portfolio system licensees that includes HP, Fujitsu, Casio, Sony and Nikon. Terms of the Seiko Epson agreement to purchase a license were not disclosed.
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In addition to its industry-leading printer and LCD businesses, Seiko Epson is renowned for quality precision instruments including clocks for diverse applications ranging from watches to computers and wireless communications devices.
Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense(TM), a TPL Group enterprise, exclusively manages. The MMP Portfolio patents, filed in the 1980s, cover techniques that have become essential to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players, to communications infrastructure, medical equipment and automobiles.
"Seiko Epson is the third global leader to purchase an MMP license this month," said David Pohl, Patriot Scientific chairman and CEO. "This not only confirms that our MMP licensing program is strong and gaining momentum, but it also adds to the continuing evidence of the strength of our jointly owned patent portfolio." He revealed that latest reports from the licensing team indicate that now some 300 companies have been put on notice of likely infringement of one or more patents included in the MMP portfolio.
"As MMP Portfolio licensing rates continue to ramp over time, we are focusing our energies on leaders capable of making quick strategic business decisions," said Mac Leckrone, Alliacense president. He noted that competition is intensifying among electronics system manufacturers worldwide to become first movers in their respective business sectors to purchase rights to the MMP Portfolio.
"In the past year, Patriot Scientific has successfully completed its transition to become a profitable company
Jun 26, 2006 10:49 AM
Erwin P. Schulz
:
The agreements with Sony, Casio and Seiko Epson will not show up in the next earnings release sometime next month (I presume). The quarter ended May 31. Therefore, we will have to wait months to find out how much revenue the agreements generated, based on Pohl's comments about not announcing the value of the liscencing agreements.
I wonder if this is why we are seeing smaller jumps in PTSC with each successive announcement? The market apparantly wants some real numbers to digest, and we won't get them until October.
Jun 29, 2006 8:02 AM
Single Engle
:
Press Release Source: Patriot Scientific Corporation
Patriot Scientific Confirms PENTAX Joins Growing Roster of Global Manufacturers Licensed to Use the Moore Microprocessor Patent(TM) Portfolio
Thursday June 29, 8:48 am ET
PENTAX Becomes Seventh Major System Manufacturer During 2006 to Purchase Rights to Use Fundamental MMP Portfolio Technologies
CARLSBAD, Calif., June 29 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) confirmed today that PENTAX Corporation has agreed to purchase, pending approval by its board, a license to use the Moore Microprocessor Patent(TM) (MMP) Portfolio. Six other major system manufacturers have purchased MMP licenses this year. Prior licensees include HP, Casio, Fujitsu, Sony and Nikon as well as Seiko Epson, whose board approved this week its earlier-announced agreement to purchase an MMP license.
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Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense(TM), a TPL Group enterprise, exclusively manages. The MMP Portfolio patents, filed in the 1980s, cover techniques that have become essential to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players, to communications infrastructure, medical equipment and automobiles.
"We are delighted to confirm that PENTAX is the fourth global leader to agree to purchase an MMP license this month," said David Pohl, Patriot Scientific chairman and CEO. "This further demonstrates that our MMP licensing program is strong and gaining momentum as well as increasing the mounting evidence of the strength of our jointly owned patent portfolio." He confirmed that latest reports from the licensing team indicate that now some 300 companies have been put on notice of likely infringement of one or more patents included in the MMP portfolio.
"Our roster of MMP Portfolio licensees is beginning to look like the 'Who's Who' in the world of Intellectual Property," said Mac Leckrone, Alliacense president. "PENTAX along with prior licensees are each in their own right leading developers of intellectual property; and it is therefore gratifying to have them quickly recognize the import of the fundamental technologies protected by the MMP Portfolio."
Leckrone announced that as the first-round MMP Portfolio licensing berths in many industry sectors are being captured, license rates are increasing according to plan. At this stage of the licensing
Oct 6, 2006 10:22 AM
Single Engle
:
Thanks for the links to the graphs. Hmm Hindsight I should have bought more of this as compared to the GGR I hit the other day at 5.10
Still holding PTSC from .36 :)
Still no complaints as I still have 15yrs to retirement. :)
Oct 24, 2006 11:29 PM
Single Engle
:
My thinking it was due to them buying back shares around these prices.It always seems they will work the price down if they know what price shares were bought back at. Just my conjecture. I also thought that the news could have been better for the fact they really didn't introduce much more than what was already out there as far as new contracts go. I was expecting more myself.
Jan 17, 2007 10:10 AM
dennis V. Conway
:
Kirk,
Do you still own this in your personal account. Better yet, would you buy it now? It would take quite a few two cent dividends to cover the price if the share price is not going to appreciate
Jan 18, 2007 12:00 PM
hickfish
:
Not sure if this makes it a buy or not, but here is an earnings statement, just released.
Patriot Scientific Reports Fiscal Q2 Results
PR NEWSWIRE
CARLSBAD, Calif., Jan. 18 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) this week reported net income of $4,108,275 after provision for taxes, or $0.01 per diluted share, for the first 6 months ended November 30, 2006, even though the company recorded a net loss of $1,881,998 for the three-month fiscal quarter ended on that date after setting aside funds to provide for settlement in principle of a dispute. A copy of the company's Form 10-Q, filed January 16, 2007 with the U.S. Securities and Exchange Commission, is available on the company's redesigned website, www.ptsc.com , where visitors can now sign up for e-mail alerts.
The quarterly results included $6,674,793 received as the company's share of the net income of Phoenix Digital Solutions, the joint venture entity that is owned half by Patriot Scientific and half by The TPL Group. Phoenix Digital receives its income from licenses purchased by manufacturers who use technologies contained in the MMP Patent Portfolio that is jointly owned by Patriot Scientific and TPL.
The report disclosed that during the six months ended November 30, 2006, Phoenix Digital received aggregate proceeds of $32,699,000 from technology licensing agreements entered into with third parties. License proceeds of $8,850,000 relating to an additional license agreement signed in November 2006 are to be received in January 2007. Phoenix Digital entered into licensing agreements with aggregate proceeds of $7,320,000 during December 2006. The dollar amount for each licensing deal varies, depending upon factors that include among other things the relevance of the patents to each licensee's revenue and the extent to which the patented technology is incorporated into specific products.
"Our revenues reflect continued momentum in pursuing our patent portfolio licensing strategy through our joint venture with TPL," stated Patriot Scientific chairman and CEO David Pohl. "We had a net increase in cash of $7,733,791 during the first six months ended November 30, 2006 as we continued to strengthen our balance sheet and our financial structure. We have subsequently used some of the cash for share buy backs."
Pursuant to its program to buy back stock, the Company repurchased 4,874,827 shares for the first six months ended November 30, 2006 at a
Feb 22, 2007 12:34 PM
Single Engle
:
Patriot Scientific Corporation Announces Cash Dividend and Future Semi-Annual Dividend Policy
Feb 22, 2007 15:10:00 (ET)
CARLSBAD, Calif., Feb 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Patriot Scientific Corporation (PTSC, Trade ) today announced that it will issue a cash dividend of $0.02 per share of common stock for shareholders and qualified warrant holders of record as of March 6, 2007. The dividend is payable April 9, 2007.
This dramatic action follows closely on the heels of the company's recent announcements that two more global manufacturers, NEC Corporation and Funai Electric, have purchased licenses for the jointly owned Moore Microprocessor Patent(TM) (MMP) Portfolio. Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.
"We want our shareholders to participate in our share of the revenues generated by our jointly owned MMP Patent Portfolio," said David Pohl, chairman and CEO of Patriot Scientific Corporation. "In furtherance of this philosophy, our board of directors has now adopted a policy of paying a dividend every six months, subject each time to a determination by the board that payment of a dividend would then be reasonable and prudent in light of the financial condition of the company, other possible applications of the company's available resources, and relevant business considerations," Pohl stated.
Patriot Scientific invested millions of dollars and hundreds of thousands of man-hours over 12 years or more developing and bringing to market products based upon the company's intellectual property, including IP contained in the MMP Portfolio. "Patriot's board of directors decided in June 2005 to shift our primary business model from manufacturing and marketing products to a model currently focused on licensing our joint venture patent portfolio," said Pohl. "This dividend payment, which is rare in the arena of microcap companies, is another important step evidencing the fact that the board and management firmly believe in the company's future potential."
He noted that HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation and Funai Electric have purchased MMP Portfolio licenses in the past 13 months. Intel and AMD are also licensees. The MMP portfolio generated over $108 million in total license fees for the joint venture as a result of licenses signed in 200
Apr 11, 2007 10:02 AM
Single Engle
:
This has had a huge run up and is now back down and think this comment is good to consider and wonder what others think.
"Patriot Scientific Corporation -This company seems to be just a shell that makes money by licensing patents. It appears to me that they don't do anything or provide any value. So what if they have a dividend. If you are looking for dividend yield, you might focus on a larger, financially stable company with the potential to create new products. There are plenty of those in the S&P. Once PTSC's patents run out or its technology is superseded, what happens to the dividend?"
TIA
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