Perhaps something similar will occur this year ---
Patriot Scientific Corporation Notes to Unaudited Condensed Consolidated Financial Statements 9. Subsequent Events During the period December 1, 2006 through January 12, 2007, Phoenix Digital entered into license agreements with third parties, with aggregate proceeds totaling $7,320,000. On December 20, 2006, the Company received proceeds of $1,950 from the issuance of 25,000 shares of common stock in connection with the exercise of stock options by a director. During December 2006 and January 2007, the Company purchased 3,132,500 shares of its common stock at an aggregate cost of $1,960,305 under its stock buyback program. As stated in Notes 3 and 8 above, during December 2006, the Fish lawsuit was settled in principle through mediation. Settlement terms have not been finalized as of this filing date nor is there a settlement agreement in place. Please see Notes 3 and 8 for more information.
http://www.sec.gov/Archives/edgar/data/836564/000114420407001918/v062602_10q.htm
