You are right there will always be those out there that are cash rich and we can use that to our advantage...like an APPLE....but...the problem now is those with the cash in hand have been reduced to a mere fraction of what was out there even 12 months ago...that will hurt licensing revenue and probably even agreements for licensing too.

And I agree with you too that "hundreds' have been notified of availablity for licensing...but even then...if we licensed 400 companies....at a $2MM average per license....and take that resulting 800MM and reduce it by 15%....for legal fees and TPL costs...(which may be conservative based on the extra million we just gave them for their "activities on the patents)...that leaves us...$800MM less 120MM or 680MM shared 50/50....or 340 rounded off to say 350MM for PTSC.

Reduce that 350MM for taxes and our NET is about 170- 180MM....take an average of 4-5 yrs for example to settle all 400 cases.( and thats optimistic) and we end up with 34-45MM /Year...NET ....or .0.085 -0.105 share....of NON RECURRING REVENUE...which the analysts never enter into the equations for forward looking PE's and EPS's....Thats all well and good but I'm betting that many here were expecting a whole lot more revneu and alot less time to get it , and never imagined 400-500MM+ shares used in the calculation for EPS etc etc.

My est.could be off in quantity and time to complete...but I'm betting they're not that far off to drastically change what will occur in the next 12-15 mos or so.

JMHO