Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: To all...a few observations
Look at the wording of the press releases (below) from PTSC. The wording is the same on the Alliance and TPL press releases. Now look at the excerpt further down, a note from Turley. He makes it clear that they will limit comments to the wording of the joint press releases. Unless I am blind, I do not see the words licensed seven patents anywhere in their press releases. One could argue that granting rights under the MMP is the same as signing a license agreement for seven patents. I am not qualified to do so. One could also argue that business resolution means settlement which equals huge sums of money. One could also argue that business resolution means a contingent settlement. One could also argue that business resolution means joint venture, tiered payments, etc. etc. etc. It has been stated that as of Jan 2006 over 30 companies have signed license agreements. Without the Js and ignoring Intel/AMD, I count 29. I believe Casio was left off the list provided by Deb. Again one could speculate that the Js are what put us over the 30 count. Or, perhaps some other companies have signed but for some reason there has been no press yet. What we do know is there will be no trial next week, and there is a settlement, however, the details are confidential. We also know that the re-exams are not a done deal yet, however, all the experts believe the end results will be in our favor. We know that Jim Turley is actively looking at companies for possible M&A. We know that the SEC filings will reveal information that legally cannot be put in a PR. Patience, patience and more patience. I can’t help but believe that 2008 will be Patriot’s best year ever! CUPERTINO, Calif. - Dec. 18, 2007 -- The TPL Group, Patriot Scientific Corporation, Toshiba, Matsushita (Panasonic) and JVC announced today that they have entered into a business resolution of their legal disputes in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to Toshiba, Matsushita and JVC and their respective subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits
http://ptsc.com/news/press_releases/...
CUPERTINO, Calif. - Dec. 18, 2007 -- The TPL Group and Patriot Scientific Corporation announced today that they have entered into a business resolution of their legal disputes with NEC Electronics America in two patent infringement lawsuits pending in the US District Courts in the Eastern District of Texas and the Northern District of California. The terms of their settlement include the grant by the TPL Group of rights under the Moore Microprocessor Patent Portfolio to NEC Electronics Corporation and its subsidiaries. The parties have agreed that the details of the settlement are confidential. All parties are pleased with the business resolution of their dispute and will be voluntarily dismissing their Texas and California lawsuits. http://ptsc.com/news/press_releases/... Note Regarding Settlement from CEO Jim Turley Shareholders are advised that the following is the only information that will be provided by Patriot Scientific Corporation regarding the resolution of the Texas (and California) litigation that had been pending regarding the MMP portfolio patents subject to the dispute:Patriot Scientific Corporation, its directors, officers and employees are obligated to observe the confidentiality provisions of the settlements and will limit any comments or statements solely to references to the wording of the joint press release or statements that matters between the parties to the litigation have been settled.
Good Luck to all of us
Laurie
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