Patriot Scientific der Highflyer 2006
Ich denke die Shares werden für weitere Acuisitionen herausgegeben, muss nichts schlechtes heissen solange ´sie dafür benutzt werden. IMO
bbb
PROPOSAL NUMBER 2
APPROVAL OF AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO INCREASE THE AUTHORIZED SHARES OF COMMON STOCK The Board has determined that it is in the best interests of the Company and its shareholders to diversify our business and to develop new existing and potential sources of revenue. The Board believes that the achievement of this goal will be furthered by acquisitions of technologies and technology based companies and that such acquisitions may involve the issuance of our common stock. Accordingly, the Board has approved and recommends that the shareholders approve an amendment to our Certificate of Incorporation to increase the number of authorized shares of Common Stock from 500,000,000 to 600,000,000. The Board recommends the increase in the number of authorized shares to allow us to pursue growth through financings, strategic business relationships and acquisitions. As of the record date, the majority of our shares have been issued. We expect that we will need flexibility to issue and sell more Common Stock for equity based financings, and to respond to potential business opportunities in order to accomplish our business objectives. The Board also advises shareholders that failure to approve the amendment could limit our access to equity capital and impair our current acquisition program. The increase in the number of shares, if approved, would be effective after shareholder approval and upon the filing of an amendment to our Articles of Incorporation with the office of the Secretary of State of the State of Delaware. Vote Required; Board RecommendationIch bin (auch wenn die Information für die Aktionäre weniger geworden sind) mit der Geschäftsführung sehr zu frieden, denn der neue CEO hat in der kurzen Zeit die er am Ruder steht doch eine ganze Menge bewirkt.
Sollten jetzt die 100 Mio. an Aktien gegen Bargeld in das Depot eines institutionellen Anlegers wander und nicht über den Markt verrammscht werden ist alles ok. Die genauen Gründe werden wir sicher über die Aktonärsversammlung erfahren, denn solche Aktionen sind ja zum Glück genehmigungspflichtig.
Grüße Abenteurer
Was nützt das buy-back-Programm wenn immer mehr Aktien ausgegeben werden ?
Was soll die Aktienausgabe zu diesem miserablen Kurs ?
Wenn es genug Liquidität aus der Lizensierung gäbe, wäre die Aktion nicht nötig um Geld für Akquisitionen zu haben !
So kommt unser Kurs nicht in die Regionen die wir uns wünschen, es sei denn, Goerner hätte noch etliche Asse im Ärmel.
Sollte nicht erst die Entscheidung bei der USPTO abgewartet werden bevor unsere Shares billig abgegeben werden ?
Trotz aller Ungereimtheiten glaube ich auch das unser CEO einen guten Job macht.
Schönes Wochenende
Nassie
Die Probleme die ich noch vor ein paar Wochen mit dem "Chaos" hatte, haben sich auch in Luft aufgelöst, seit dem Klar ist was mit den Zukäufen bezweckt werden soll - in welche Richtung es geht.
Verschiedene claims sind vom PTO-Examiner zurüchgewiesen worden (rejections).
Danach hat ein "interview" mit Moore und seinem Anwalt stattgefunden. Das Ergebnis ist veröffenrlicht worden; hier ist der Link drin: http://agoracom.com/ir/patriot/messages/932734#message
Dazu noch eine Bewertung: http://agoracom.com/ir/patriot/messages?page=15#discussion_forum und ein Hinweis zu den T3 (den Taiwanesen): http://agoracom.com/ir/patriot/messages/933089#message
Wenn ich Laie das lese (und korrekt verstehe), dürfte die Revalidierung des 148 nicht mehr lange auf sich warten lassen.
Weiss der MEHR ?
TRADER (Handeln wie ein Profi)
aus
TIMESERIE
10 50 100 200 Alle
Zeit Preis Volumen
10:46:54 0.15 50'000
10:03:34 0.14 13'530
09:34:32 0.14 36'470
09:08:38 0.136 0
.
Optionen
| Boardmail an "Gilbertus" |
Wertpapier: Patriot Scientific |
Weiss der MEHR ?
TRADER (Handeln wie ein Profi)
aus
TIMESERIE
10 50 100 200 Alle
Zeit Preis Volumen
10:46:54 0.15 50'000
10:03:34 0.14 13'530
09:34:32 0.14 36'470
09:08:38 0.136 0
.
Optionen
| Boardmail an "Gilbertus" |
Wertpapier: Patriot Scientific |
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32356139
Da scheint doch etwas zu laufen hinter den Kulissen.
Remote Radio Head Manufacturer Axis Network Technology Establishes US Presence for Sales, Design and Technical Support
Resources established in San Diego and Baltimore to support WiMAX OEMs in the US basestation market
WiMAX World 2008
CHICAGO, & AYLESBURY, England--(BUSINESS WIRE)--Axis Network Technology (AxisNT), a manufacturer of Remote Radio Heads and subsystems for WiMAX, has announced the establishment of two new points of presence in the USA – in San Diego and Baltimore – to support its growing customer base for Remote Radio Heads.
The AxisNT sales office in San Diego is headed by Rich Corrigan, an industry professional with wide-ranging experience in both telecommunications and data communications. Since 1999 Rich has held executive and management level sales and marketing positions with semiconductor companies Forza Silicon and Patriot Scientific, wireless companies REMEC and Ensemble Communications, and networking companies Copper Mountain Networks and IP Unity. Rich began his career in engineering, working for several years in system architectures and emerging technologies for Motorola and briefly at Rockwell International. He holds Bachelor degrees in both Marketing and Computer Science from Northern Illinois University, and a Masters degree in Computer Science from De Paul University.
“Rich has the ideal background to help us to develop and support the US market,” said Michel Vieuxmaire, Global Sales Director for AxisNT. “His experience and judgement are already making a major contribution to our growing success with the Remote Radio Head and digital radio subsystems products.”
The design team in Baltimore is headed by Chief Systems Engineer Frank Friedman. Frank is involved both in the design of the DSP architecture for the WiMAX Remote Radio Heads and for algorithms used in the product’s management system. Prior to joining AxisNT, Frank worked as a Senior Engineer at Filtronic, where he pioneered early WiMAX radio head development. He has served on the international OBSAI RP3 specification committee for the past four years, and was a leader in designing WiMAX support into the protocol. He holds a Bachelor degree in Electrical Engineering from Lehigh University and a Master’s degree in Electrical Engineering with full honors from Johns Hopkins University.
“Right from the start it has been Axis’ strategy to recruit the best engineers for our design team, wherever in the world they may be located,” commented Steve Cooper, CTO of AxisNT. “We’ve been very fortunate to find Frank, whose background in both remote radio heads and with WiMAX and OBSAI standards is a perfect fit for us, and he and his group in Baltimore are now working as an integral part of the Axis design and development operation.”
Wäre mir neu wenn es da einen gebe.
Captain J.
Patriot Scientific Announces Portfolio License Agreement with Rockwell Automation
--- 16th MMP Technology Licensee in 2008 ---
CARLSBAD, Calif.--(BUSINESS WIRE)--Patriot Scientific Corp. (OTCBB: PTSC) today announced that Rockwell Automation (NYSE: ROK) has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license from The TPL group, Patriot Scientific’s exclusive licensing agent. It is the 16th MMP Portfolio license purchase in 2008 and 51st overall MMP licensee.
Rockwell Automation, Milwaukee, Wisc., which employs approximately 20,000 people and serves customers in more than 80 countries, provides industrial automation control and information which give their manufacturing customers a significant competitive edge.
”We continue to be very impressed with the efforts of The TPL Group / Alliacense in expanding the wide range of industries that purchase an MMP™ license,” said Rick Goerner, Patriot Scientific President and CEO. Industry leaders including Hewlett Packard, Kenwood, Sony, Robert Bosch, Philips, Nokia, DirecTV and Fujitsu are among the global companies that have purchased MMP Portfolio licenses.
The MMP Portfolio patents cover techniques that enable higher performance and lower cost designs. These patents are fundamental to dozens of microprocessor-based key features and benefits in contemporary consumer and commercial products ranging from DVD players, mobile phones and portable music players to automobile systems, communications infrastructure and medical equipment.
About the MMP Portfolio
The Moore Microprocessor Patent Portfolio contains intellectual property that is jointly owned by the privately-held TPL Group and publicly-held Patriot Scientific Corporation (OTCBB: PTSC). The MMP Portfolio includes seven U.S. patents as well as their European and Japanese counterparts. It is widely recognized that the MMP Portfolio protects fundamental technology used in microprocessors, microcontrollers, digital signal processors (DSPs), embedded processors and system-on-chip (SoC) devices. Manufacturers of microprocessor-based products can learn more about how to participate in the MMP Portfolio Licensing Program by contacting: mmp-licensing@alliacense.com.
About Rockwell Automation
Rockwell Automation Inc. (NYSE: ROK) is a leading global provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage in their businesses. The company brings together leading global brands in industrial automation that include Allen-Bradley controls and services, and Rockwell Software factory management software. Headquartered in Milwaukee, Wis., the company employs about 20,000 people serving customers in more than 80 countries. For more information, please visit Rockwell Automation's Web site at www.rockwellautomation.com
About Patriot Scientific Corporation
Headquartered in Carlsbad, California, Patriot Scientific Corporation is a leading intellectual-property licensing company that developed key microprocessor technologies used in myriad wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Patriot Scientific has recently embarked on an aggressive business expansion initiative based on selective expansion of its IP portfolio, minority investments in early-stage technology companies and full M&A. For more information on Patriot Scientific Corporation, visit: www.ptsc.co
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS MARSHALL DIVISION
(1) TECHNOLOGY PROPERTIES
LIMITED and (2) PATRIOT SCIENTIFIC CORPORATION,
Plaintiffs,
vs.
(1) HTC CORPORATION and
(2) HTC AMERICA, INC.
Defendants.
THIRD UNOPPOSED MOTION FOR EXTENSION OF TIME TO ANSWER, MOVE OR OTHERWISE RESPOND TO PLAINTIFFS’ COMPLAINT
Defendant HTC Corporation and HTC America, Inc. (collectively “Defendants”) file this Third Unopposed Motion for Extension of Time to Answer, Move or Otherwise Respond to Plaintiffs’ Complaint and would show the Court as follows:
1. On August 7, 2008, Defendants filed a Second Consent Motion for Extension of Time to File Answer. (Docket No. 11.)
2. The Court granted the motion and Defendants’ Answer to Plaintiffs’ Complaint was due on October 3, 2008. (Docket No. 12.) This date accommodated all parties because Plaintiffs in this action, who are declaratory judgment defendants in a related action involving common patents and parties in the Northern District of California (the “California Court”), filed in the California Court a Motion to Dismiss or, in the Alternative, to Transfer Venue to this Court (the “Motion”).
3. The California Court held a hearing on Plaintiffs’ Motion on September 19, 2008. As of October 2, 2008, the California Court has not ruled on Plaintiffs’ Motion. Defendants respectfully seek the current extension so that Defendants’ response to the Complaint in this action can take into account the California Court’s ruling on the Motion.
4. All parties have stipulated to the current extension. The parties respectfully request that Defendants be granted an extension up to and including November 15, 2008, to answer, move or otherwise respond to Plaintiffs’ Complaint. WHEREFORE, Defendants HTC Corporation and HTC America, Inc. respectfully move to have the Court grant this Third Unopposed Motion for Extension of Time to Answer, Move or Otherwise Respond to Plaintiffs’ Complaint and that Defendants have up to and including November 15, 2008 to answer, move or otherwise respond to Plaintiffs’ Complaint.
Respectfully submitted,
__/s/ Kyle D. Chen_____
William Sloan Coats
Kyle D. Chen
WHITE & CASE LLP
Deron R. Dacus
Eric H. Findlay
Ramey & Flock, P.C.
Tyler, TX 75702
ATTORNEYS FOR DEFENDANTS
HTC CORPORATION and
HTC AMERICA, INC.
CERTIFICATE OF CONFERENCE
I certify that the meet-and-confer requirement in Local Rule CV-7(h) has been satisfied by counsel for the parties, and this motion is unopposed.
Kyle D. Chen
CERTIFICATE OF SERVICE
The undersigned hereby certifies that all counsel of record who are deemed to have consented to electronic service are being served with a copy of this document via the Court’s CM/ECF system per Local Rule CV-5(a)(3) on October 3, 2008. Any other counsel of record will be served via facsimile transmission and first class mail.
Kyle D. Chen
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS MARSHALL DIVISION
(1) TECHNOLOGY PROPERTIES
LIMITED, INC. and (2) PATRIOT
SCIENTIFIC CORPORATION,
Plaintiffs,
vs.
(1) ACER, INC.
(2) ACER AMERICA CORPORATION
(3) GATEWAY, INC.
Defendants.
ORDER
Came on consideration the Third Unopposed Motion for Extension of Time for Defendants Acer Inc., Acer America Corporation, and Gateway Inc. to Answer, Move or Otherwise Respond to Plaintiffs’ Original Complaint and the Court is of the opinion that the Motion should be GRANTED. IT IS, THEREFORE, ORDERED that the Third Unopposed Motion for Extension of Time for Defendants Acer Inc., Acer America Corporation, and Gateway Inc. to Answer, Move or Otherwise Respond is GRANTED and the deadline for Defendants Acer Inc., Acer America Corporation, and Gateway Inc. to file their Answers or Otherwise Respond to Plaintiffs’ Original Complaint is extended up to and including November 15, 2008.
Signed By Judge
Charles Everinghamiv
October 08, 2008 08:41 AM Eastern Daylight Time
Avot Media’s tipMotion Platform Powers chumby Music Video Widget
SUNNYVALE, Calif.--(BUSINESS WIRE)--Avot Media (www.avotmedia.com), an innovator in real-time video streaming to mobile devices, is now providing video formatting and streaming solutions for chumby’s popular music video widget. Chumby users can now browse and view music videos without having to struggle with video quality issues like stuttering, buffering, or image breakup typical with most video solutions.
“Avot Media is an outstanding video formatting and streaming solution that accommodates the chumby Flash Lite environment extremely well,” said Rick Maiero, Vice President of Product Management at chumby. “With Avot Media’s tipMotion solution in place, we are now able to offer the chumby community a compelling music video viewing experience.”
Using tipMotion, the chumby music video widget crawls public Internet music video sources, transcodes the source video file on-the-fly, and streams the video to chumby, without the need for costly and time-consuming content ingestion or replication. Chumby optimally supports 12 frames/second and data streams up to 220 kbps. Desktop video, on the other hand, typically streams at 25-30 frames/second with a data stream of 384 kbps. The tipMotion appliance transcodes the web video and delivers it in the appropriate format, frame rate, and bit-rate for the chumby environment, without the burdens typically associated with video transcoding. Additionally, tipMotion detects the network variances and dynamically adjusts the bit-rate via adaptive network feedback, ensuring a smooth video playback.
“Standard transcoders are focused on more standard mobile formats, while tipMotion specifically adapts the video format to a wide range of formats, including the Flash Lite environment,” said Brian Sathianathan, founder and president of Avot Media. “As a result, we are able to deliver music videos to chumby without stuttering or buffering.”
To see the Avot music video widget in action, go to: http://www.chumby.com/guide/widget/Avot+TV+Music+Videos.
About Avot Media, Inc.
Avot Media is an innovator in near real-time streaming and video delivery to web-enabled mobile devices. Avot Media’s solution allows users to play any web video on any web-enabled mobile device in near real-time with a high-quality image. tipMotion is a high performance video transcoding and streaming appliance that allows content owners to easily format and deliver their web video content. Founded in 2007, the company is led by industry veterans, and is headquartered in Sunnyvale, California. For more information, visit www.avotmedia.com.
Avot Media, Avot Media logo, and tipMotion are registered trademarks of Avot Media, Inc. All other trademarks are the property of their respective owners.
About Chumby
The chumby lets users select their favorite parts of the Internet and delivers them in a friendly, always-on, always-fresh format. Over 1,000 widgets in 30 different categories, ranging from news and entertainment to videos, music, sports and more are available from high profile media partners such as CBS, MTV Networks, Pandora, MySpace, New York Times, The Weather Channel Interactive, AOL’s SHOUTcast and Scripps Networks. Chumby also offers user generated content as well as thousands of Internet radio stations, the ability to share photos, e-cards and more with family and friends. Chumby is headquartered in San Diego, CA.
Contacts
WriteBrain Media
Denise Dorman, +1-630-845-4694
denise@writebrainmedia.com
Permalink: http://www.businesswire.com/news/home/20081008005615/en
10-Q
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
[X]
§
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended August 31, 2008
OR
[_]
§
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ___________ to _______________
Commission File Number 0-22182
PATRIOT SCIENTIFIC CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
84-1070278§
(I.R.S. Employer Identification No.)
6183 Paseo Del Norte, Suite 180, Carlsbad, California
(Address of principal executive offices)
92011§
(Zip Code)
(Issuer’s telephone number): (760) 547-2700
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES [X ] NO [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer [ ] Accelerated filer [X] Non-accelerated filer [ ] Smaller reporting company [ ]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Yes [ ] No [X]
On October 3, 2008, 409,721,630 shares of common stock, par value $.00001 per share (the issuer’s only class of voting stock) were outstanding.
INDEX
Page
PART I. FINANCIAL INFORMATION
§
ITEM 1. Financial Statements
§
Condensed consolidated Balance Sheets as of August 31, 2008 (unaudited) and May 31, 2008
3§
Condensed consolidated Statements of Operations for the three months ended August 31, 2008 and August 31, 2007 (unaudited)
4§
Condensed consolidated Statements of Cash Flows for the three months ended August 31, 2008 and August 31, 2007 (unaudited)
5§
Notes to condensed consolidated Financial Statements (unaudited)
6-27§
ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
28-38§
ITEM 3. Quantitative and Qualitative Disclosures About Market Risk
39§
ITEM 4. Controls and Procedures
40
§
PART II. OTHER INFORMATION
§
ITEM 1. Legal Proceedings
41§
ITEM 1A. Risk Factors
42§
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
42§
ITEM 3. Defaults Upon Senior Securities
42§
ITEM 4. Submission of Matters to a Vote of Security Holders
42§
ITEM 5. Other Information
42§
ITEM 6. Exhibits
42-44§
SIGNATURES
§
2
PART I- FINANCIAL INFORMATION
Item 1. Financial Statements
Patriot Scientific Corporation
Condensed Consolidated Balance Sheets
August 31, 2008
§
May 31, 2008
§
ASSETS
§
(Unaudited)
§
Current assets:
§
Cash and cash equivalents
§ $ 8,757,634 $ 6,424,015
Restricted cash and cash equivalents
§ 51,445 51,122
Marketable securities and short term investments
§ 89,761 298,243
Accounts receivable
§ 283,623 538,500
Accounts receivable - affiliated company
§ 6,780 7,501
Notes receivable
§ 824,843 450,115
Inventory
§ 741,884 388,141
Prepaid income taxes
§ - 222,311
Deferred tax assets
§ 640,582 1,390,832
Prepaid expenses and other current assets
§ 291,971 79,840
Total current assets
§ 11,688,523 9,850,620
Marketable securities
§ 12,377,976 12,527,675
Property and equipment, net
§ 62,112 68,504
Deferred tax assets
§ 1,331,609 -
Other assets
§ 8,190 8,190
Investments in affiliated companies
§ 5,416,826 2,913,614
Patents and trademarks, net of accumulated amortization of $622,762 and $622,003
§ 41,013 63,299
Total assets
§ $ 30,926,249 $ 25,431,902
LIABILITIES AND STOCKHOLDERS’ EQUITY
§
Current liabilities:
§
Accounts payable
§ $ 639,367 $ 555,690
Accrued expenses and other
§ 327,477 373,848
Note payable
§ 140,592 -
Income taxes payable
§ 3,749,353 -
Total current liabilities
§ 4,856,789 929,538
Deferred tax liabilities
§ - 1,085,181
Total liabilities
§ 4,856,789 2,014,719
Commitments and contingencies
§
Minority interest
§ 36,770 115,406
Stockholders’ equity:
§