I feel obligated to support my conjecture with some reasoning that I believe is sound.

I failed in this regard when I said:

"IMO our team had a "good feeling" not only about the re-exam but also about the completion date before they entered into my delusional contingency deal (as previously posted). In fact, IMO (also as previously posted), they may have thought it was so imminent that THIS is what caused the PTSC trading restrictions (which, once put in place, could hardly be withdrawn without looking like buffoons)."

My basis for this thought regarding timing is admittedly pretty weak, but it comes from a statement in the 18 Dec '07:

"This settlement occurred during Patriot's current financial quarter, which ends February 28, 2008, and for which financial reports will be due for filing with the SEC by the second week of April, 2008. Information applicable to this settlement will be included in those reports to the extent required of the company, yet consistent with the confidentiality restrictions imposed by the settlement pursuant to guidance from Patriot's professional legal and accounting advisors."

Now, while this statement may support those arguing that the 10Q includes the full results of the settlement with nothing more to come, regardless; when applying my delusional conjecture to this statement, IMO it takes on a tone of expectation. That would be expectation, IMO, that the trigger for payment from the Js was about to be pulled, and that a big number, disguised by other license fees, would appear in the 10Q.

Again, admittedly weak.....

SGE