Since May 2006, these licenses resulted in over $80.0 million in cash payments to Patriot and since November 30, 2007, has granted licenses for the portfolio of microprocessor patents to an additional eight microprocessor manufacturers for an undetermined amount. There are over 500 companies manufacturing products that make up this market potential. Patriot Scientific, through the commercialization agreement with Phoenix Digital, has served notice on approximately 300 companies that may possibly be infringing on one or more of the patents. Our update report reviews what we believe are the positive and negative aspects of Patriot. Based on a number of factors discussed in the report, we are reiterating our rating and target price.
That is about $40mil in two years I can't wait to see the Dutton report in April hopefully it will say $200 mil