-As Patriot Scientific accumulates capital resulting from licensing revenues, the company is ready to implement the next phase of its strategic plan and is now evaluating possible opportunities to diversify its revenue stream by entering into joint ventures or by acquiring other companies and technologies.-
This is the same vague BS Pohl has been spewing for the past 15 months. IMHO Unacceptable, we need details.
Congratulations on TPL`s license of Olympus. For those who say that these are just nuisance fees think about the fact that these companies get hit with claims of infringement almost on a daily basis, however, you don`t see them signing licensing deals with every accuser. The patents have been validated plain and simple...Companies of this magnitude wont pay out a penny let alone up to $30M for a license they thought they really were not infringing. IMO doing this would open them up to many more claims.
SP this morning is disappointing but not unexpected.
dot