I just got back online and am catching up on the news. Here's my take on the key points in the news release.

(1) "Alliacense announced today that during December 2010 and January 2011, MMP Patent Portfolio licenses were entered into with several companies in the telecommunications and industrial equipment industry segments." These sales were not reported in the last 10Q as that period ended on Nov 30. This seems to be all good news. One a month would be nice if repeated consistently. All we need is about 1 sale per week to really fly. But how many times have we seen this kind of blip in sales ans SP? Looking at the spike history of this stock and volumes traded during those spikes I'd say that an insider could be building a fortune. Let's see a couple of Qs of consistent sales gains!

(2) "Earlier this month Patriot and TPL resolved a number of issues that arose over the past year related to the licensing and litigation activities of the MMP Patent Portfolio. The resolution included an agreement to provide a substantial increase in working capital for the MMP licensing program and patent infringement litigation from MMP licensing proceeds."As I read this I conclude that the increase in working capital coming from proceeds means a smaller % of revenue for PTSC. But if the patent challenges decline the bottle neck will be sales feet on the ground, so this increase in cost could yield a net improvement for PTSC.

(3) "On January 24, 2011, Patriot dismissed the action it had filed on April 12, 2010, against PL in San Diego Superior Court in conjunction with TPL's cash settlement of the outstanding obligation. TPL has also agreed to increased involvement of Patriot in the oversight of the MMP Portfolio activities. Talks between Patriot and TPL continue as the parties work to resolve the remaining lawsuit in Santa Clara County." Dismissed action is old news. Increased involvement is good news, but rather vague.