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Message: Considering the lack of volume and the anemic price movement.........

Considering the lack of volume and the anemic price movement.........

posted on Aug 14, 2009 01:54PM

I expect to see a small increase in licensing revenue, however, I believe it will be offset by increased cost associated with Crossflo. With employees, R&D, marketing etc., we probably will feel the full affect of carrying so much new overhead. I think it will be on par with last quarters numbers or slighty above. I also look forward to the ARS updates considering that mgmt, in their own words, originally expected the issue to be resolved many months ago. Remember, just like always with Patriot, if this quarter doesn't satisfy you we always have the following quarters. That's the great part about public companies, you have 4 times a year to be surprised, disappointed or indifferent.

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