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Message: Re: Dutton updated - now...

Dec 10, 2007 11:43AM

Dec 10, 2007 11:56AM

Wow, did Mr. West eat a book at the weekend? His summary is nearly epic...lol:

"Our experience has taught us that it is risky to forecast settlement or judgment action in patent litigation. However, considering the fact the 30-day stay granted on November 2, 2007, in the litigation for TPL and Patriot Scientific vs. Matsushita Electric Industrial Co., Ltd. et al, expired on a day basis on December 2, 2007, these recent announcements are most impressive indeed and may possibly affect legal negotiations.

Unfortunately, the financial proceeds information for licenses is not available until Patriot Scientific's quarterly results are released. The financial data for the five licenses granted in the quarter ended November 30, 2007, will not be known until mid-January 2008, and the

three latest licenses financial proceeds information will not be available until after the release of results for the quarter ended February 28, 2008. However, it is obvious that cash will soon be flowing to Patriot Scientific. "

GLTA

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