patriotprotection / Re: My last words on the subject
in response to
by
posted on
Apr 03, 2008 03:26PM
Perhaps you should unemotionally consider:
PTSC settled THE MAJOR litigation of its history, with 3 different companies, all in the top 15 electronic companies in the world. Each with resources to fight these two small companies to the end. Instead they settled. The other 2.5 defendents in the lawsuit, each since dismissed, settled for a combined estimated $52M. Also, of the top 20 electronics companies in the world 9 total have licensed. Logic, not emotion would indicate that the J3 settlements will exceed the license fees paid by the other 2.5 companies.
PTSC is working through the USPTO situation fairly successfully from what is available to us to see, at least on the '336 patent. That combined with th 44 licenses signed to date logically rather than emotionally lends strong support that the patents are valid and enforceable.
PTSC has hired a new CEO who comes from a seemingly successful and well qualified background. He subsequently purchased shares with his own money in the company.
PTSC has hired a new Business Development person presumably to focus on the M&A activities set in motion nearly 2 years ago.
PTSC is set to report on 17 new license signings IN ONE QUARTER. Logic rather than emotion would lead one to surmise that since the first 25 licenses brought in over $200M in license fees, these 17 should bring in considerable fees as well considering the stated policy of first mover discounts and the fact that some of these went through the hassle and expense of nearly going to trial.
There are many more points to highlight including the elimination of warrants to S&L, which in the past have been a deterent to investors, but I'll stop with these.
IMO, it seems "emotionally" influenced to suspect negative developments simply based on the share price action on what is a BB stock in the midst of a 3 plus month financial information vacuum, rather than the opposite as you indicate.