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in some IGTN here .01
in for lots at 99c.
nevermind
can someone pls post this on PTSC raging bull?
PTSC - NEW COURT FILING SAYS TPL IS "ACTIVELY ENGAGED IN SETTLEMENT NEGOTIATIONS WITH FUJITSU ET AL"! FILED YESTERDAY...HERE IS THE FILING....
HENNEMAN & SAUNDERS
Intellectual Property Law
F. Eric Saunders
P O Box 2215
Arnold, CA 95223
Phone: 209 795-6659
Fax: 209 755-2855
ferics@sbcuc.net
June 13, 2005
Hon. Saundra Brown Armstrong
United States District Court
Northern District of California, Oakland Division
1301 Clay Street, South Tower
Oakland, CA 94612-5212
Regarding: REPORT PURSUANT TO ORDER OF JUNE 8, 2004
Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al.,
C 03-5787 SBA
Dear Judge Armstrong:
I represent Charles H. Moore (" Moore"), Technology Properties Ltd. ("TPL"), and Daniel E. Leckrone ("Leckrone") (collectively, "Moore Defendants") in Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al., C 03-5787 SBA.
In accordance with your order of June 8, 2004 staying the present litigation pending the outcome of Patriot Scientific Corp. v. Charles H. Moore, et al., C-04-0618-JF ("San Jose Lawsuit"), this reports that the Moore Defendants and Patriot Scientific Corp. ("Patriot") have settled that matter by entry of a Stipulated Judgment, a copy of which is attached hereto.
Also pursuant to the agreement whereby the San Jose Lawsuit was settled, TPL has been granted complete and exclusive authority to enforce and license the US Patent Number 5,809,336 (the '336 patent"), which is the patent-in-suit in the present litigation.
Pursuant to that authority, TPL is actively engaged in Settlement negotiations with defendants in the present litigation. To the extent that settlement cannot be reached, TPL
will be responsible for further conduct of the present litigation.
As noted in your order of May 19, 2005, on December 20, 2004, the Moore Defendants moved to disqualify Patriot's counsel on the grounds that they improperly retained and communicated with the attorney for the inventors during the prosecution of the '336 patent. On March 8, 2005, Judge Fogel granted in pertinent part the motion to disqualify. Patriot's request for reconsideration was denied by Judge Fogel on March 29,
2005.
On May 19, 2005, Your Honor granted Patriot's counsel's Motion for Leave to Withdraw from the present litigation, and ordered the parties to appear for a telephonic Case Management Conference on Wednesday, July 14, 2005 at 2:45 p.m., and to prepare and file a joint Case Management Conference Statement no later than ten (10) days prior to the Case Management Conference, i.e. no later than June 29, 2005. In accordance with the May 19 order, no later than June 29, 2005, TPL will
inform the Court as to the status of settlement negotiations with the current defendants, together with TPL's plans for whatever future conduct of the present litigation may be
required. Given TPL's complete and exclusive authority to enforce and license the '336 patent, TPL presently anticipates that it will seek to be substituted for Patriot as plaintiff,
if settlements cannot be achieved.
Respectfully submitted,
PTSC - NEW COURT FILING SAYS TPL IS "ACTIVELY ENGAGED IN SETTLEMENT NEGOTIATIONS WITH FUJITSU ET AL"! FILED YESTERDAY...HERE IS THE FILING....
HENNEMAN & SAUNDERS
Intellectual Property Law
F. Eric Saunders
P O Box 2215
Arnold, CA 95223
Phone: 209 795-6659
Fax: 209 755-2855
ferics@sbcuc.net
June 13, 2005
Hon. Saundra Brown Armstrong
United States District Court
Northern District of California, Oakland Division
1301 Clay Street, South Tower
Oakland, CA 94612-5212
Regarding: REPORT PURSUANT TO ORDER OF JUNE 8, 2004
Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al.,
C 03-5787 SBA
Dear Judge Armstrong:
I represent Charles H. Moore (" Moore"), Technology Properties Ltd. ("TPL"), and Daniel E. Leckrone ("Leckrone") (collectively, "Moore Defendants") in Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al., C 03-5787 SBA.
In accordance with your order of June 8, 2004 staying the present litigation pending the outcome of Patriot Scientific Corp. v. Charles H. Moore, et al., C-04-0618-JF ("San Jose Lawsuit"), this reports that the Moore Defendants and Patriot Scientific Corp. ("Patriot") have settled that matter by entry of a Stipulated Judgment, a copy of which is attached hereto.
Also pursuant to the agreement whereby the San Jose Lawsuit was settled, TPL has been granted complete and exclusive authority to enforce and license the US Patent Number 5,809,336 (the '336 patent"), which is the patent-in-suit in the present litigation.
Pursuant to that authority, TPL is actively engaged in Settlement negotiations with defendants in the present litigation. To the extent that settlement cannot be reached, TPL
will be responsible for further conduct of the present litigation.
As noted in your order of May 19, 2005, on December 20, 2004, the Moore Defendants moved to disqualify Patriot's counsel on the grounds that they improperly retained and communicated with the attorney for the inventors during the prosecution of the '336 patent. On March 8, 2005, Judge Fogel granted in pertinent part the motion to disqualify. Patriot's request for reconsideration was denied by Judge Fogel on March 29,
2005.
On May 19, 2005, Your Honor granted Patriot's counsel's Motion for Leave to Withdraw from the present litigation, and ordered the parties to appear for a telephonic Case Management Conference on Wednesday, July 14, 2005 at 2:45 p.m., and to prepare and file a joint Case Management Conference Statement no later than ten (10) days prior to the Case Management Conference, i.e. no later than June 29, 2005. In accordance with the May 19 order, no later than June 29, 2005, TPL will
inform the Court as to the status of settlement negotiations with the current defendants, together with TPL's plans for whatever future conduct of the present litigation may be
required. Given TPL's complete and exclusive authority to enforce and license the '336 patent, TPL presently anticipates that it will seek to be substituted for Patriot as plaintiff,
if settlements cannot be achieved.
Respectfully submitted,
PTSC - NEW COURT FILING SAYS TPL IS "ACTIVELY ENGAGED IN SETTLEMENT NEGOTIATIONS WITH FUJITSU ET AL"! FILED YESTERDAY...HERE IS THE FILING....
HENNEMAN & SAUNDERS
Intellectual Property Law
F. Eric Saunders
P O Box 2215
Arnold, CA 95223
Phone: 209 795-6659
Fax: 209 755-2855
ferics@sbcuc.net
June 13, 2005
Hon. Saundra Brown Armstrong
United States District Court
Northern District of California, Oakland Division
1301 Clay Street, South Tower
Oakland, CA 94612-5212
Regarding: REPORT PURSUANT TO ORDER OF JUNE 8, 2004
Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al.,
C 03-5787 SBA
Dear Judge Armstrong:
I represent Charles H. Moore (" Moore"), Technology Properties Ltd. ("TPL"), and Daniel E. Leckrone ("Leckrone") (collectively, "Moore Defendants") in Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al., C 03-5787 SBA.
In accordance with your order of June 8, 2004 staying the present litigation pending the outcome of Patriot Scientific Corp. v. Charles H. Moore, et al., C-04-0618-JF ("San Jose Lawsuit"), this reports that the Moore Defendants and Patriot Scientific Corp. ("Patriot") have settled that matter by entry of a Stipulated Judgment, a copy of which is attached hereto.
Also pursuant to the agreement whereby the San Jose Lawsuit was settled, TPL has been granted complete and exclusive authority to enforce and license the US Patent Number 5,809,336 (the '336 patent"), which is the patent-in-suit in the present litigation.
Pursuant to that authority, TPL is actively engaged in Settlement negotiations with defendants in the present litigation. To the extent that settlement cannot be reached, TPL
will be responsible for further conduct of the present litigation.
As noted in your order of May 19, 2005, on December 20, 2004, the Moore Defendants moved to disqualify Patriot's counsel on the grounds that they improperly retained and communicated with the attorney for the inventors during the prosecution of the '336 patent. On March 8, 2005, Judge Fogel granted in pertinent part the motion to disqualify. Patriot's request for reconsideration was denied by Judge Fogel on March 29,
2005.
On May 19, 2005, Your Honor granted Patriot's counsel's Motion for Leave to Withdraw from the present litigation, and ordered the parties to appear for a telephonic Case Management Conference on Wednesday, July 14, 2005 at 2:45 p.m., and to prepare and file a joint Case Management Conference Statement no later than ten (10) days prior to the Case Management Conference, i.e. no later than June 29, 2005. In accordance with the May 19 order, no later than June 29, 2005, TPL will
inform the Court as to the status of settlement negotiations with the current defendants, together with TPL's plans for whatever future conduct of the present litigation may be
required. Given TPL's complete and exclusive authority to enforce and license the '336 patent, TPL presently anticipates that it will seek to be substituted for Patriot as plaintiff,
if settlements cannot be achieved.
Respectfully submitted,
PTSC - NEW COURT FILING SAYS TPL IS "ACTIVELY ENGAGED IN SETTLEMENT NEGOTIATIONS WITH FUJITSU ET AL"! FILED YESTERDAY...HERE IS THE FILING....
HENNEMAN & SAUNDERS
Intellectual Property Law
F. Eric Saunders
P O Box 2215
Arnold, CA 95223
Phone: 209 795-6659
Fax: 209 755-2855
ferics@sbcuc.net
June 13, 2005
Hon. Saundra Brown Armstrong
United States District Court
Northern District of California, Oakland Division
1301 Clay Street, South Tower
Oakland, CA 94612-5212
Regarding: REPORT PURSUANT TO ORDER OF JUNE 8, 2004
Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al.,
C 03-5787 SBA
Dear Judge Armstrong:
I represent Charles H. Moore (" Moore"), Technology Properties Ltd. ("TPL"), and Daniel E. Leckrone ("Leckrone") (collectively, "Moore Defendants") in Patriot Scientific Corp. v. Fujitsu Microelectronics America, Inc. et al., C 03-5787 SBA.
In accordance with your order of June 8, 2004 staying the present litigation pending the outcome of Patriot Scientific Corp. v. Charles H. Moore, et al., C-04-0618-JF ("San Jose Lawsuit"), this reports that the Moore Defendants and Patriot Scientific Corp. ("Patriot") have settled that matter by entry of a Stipulated Judgment, a copy of which is attached hereto.
Also pursuant to the agreement whereby the San Jose Lawsuit was settled, TPL has been granted complete and exclusive authority to enforce and license the US Patent Number 5,809,336 (the '336 patent"), which is the patent-in-suit in the present litigation.
Pursuant to that authority, TPL is actively engaged in Settlement negotiations with defendants in the present litigation. To the extent that settlement cannot be reached, TPL
will be responsible for further conduct of the present litigation.
As noted in your order of May 19, 2005, on December 20, 2004, the Moore Defendants moved to disqualify Patriot's counsel on the grounds that they improperly retained and communicated with the attorney for the inventors during the prosecution of the '336 patent. On March 8, 2005, Judge Fogel granted in pertinent part the motion to disqualify. Patriot's request for reconsideration was denied by Judge Fogel on March 29,
2005.
On May 19, 2005, Your Honor granted Patriot's counsel's Motion for Leave to Withdraw from the present litigation, and ordered the parties to appear for a telephonic Case Management Conference on Wednesday, July 14, 2005 at 2:45 p.m., and to prepare and file a joint Case Management Conference Statement no later than ten (10) days prior to the Case Management Conference, i.e. no later than June 29, 2005. In accordance with the May 19 order, no later than June 29, 2005, TPL will
inform the Court as to the status of settlement negotiations with the current defendants, together with TPL's plans for whatever future conduct of the present litigation may be
required. Given TPL's complete and exclusive authority to enforce and license the '336 patent, TPL presently anticipates that it will seek to be substituted for Patriot as plaintiff,
if settlements cannot be achieved.
Respectfully submitted,
PTSC...eom
from PTSC IR---please post on Raging Bull PTSC board for me?
PTSC - All, just got this from IR guy about the "others" that were mentioned as part of the settlement. the court filing said....
Patriot, Moore and TPL, "AMONG OTHERS"(!!!!!), have entered into a series of negotiated agreements
his comment was...
You'll have to wait for the 8-k which should be filed in the near future.
THIS TELLS ME INTEL, FUJITSU, ECT MIGHT HAVE SETTLED AS WELL AS PART OF THE MASTER AGREEMENT.
PTSC - All, just got this from IR guy about the "others" that were mentioned as part of the settlement. the court filing said....
Patriot, Moore and TPL, "AMONG OTHERS"(!!!!!), have entered into a series of negotiated agreements
his comment was...
You'll have to wait for the 8-k which should be filed in the near future.
THIS TELLS ME INTEL, FUJITSU, ECT MIGHT HAVE SETTLED AS WELL AS PART OF THE MASTER AGREEMENT.
PTSC has i think 10 or so days left to get 8k out. The IR guy for PTSC told me yest that they were working on it. it might come out any time, no idea. i'm sure they'll issue a PR when it does.
it's not about the short term movement for me. this is one of those 1000% stocks you read about. the rev potential is enormous. with only a 30 p/e, the AMD deal alone gets you 10c/share. these guys might book 100 times that in earnings, and the p/e could be off the charts because there's no cost of goods here - it's just licensing. over the next 2-3 months from now we'll see more licenses from big players and we will explode.
i'm buying all the way down here. TPL guy called the rev potential "awesome".
ALERT - PTSC - judge approves settlement!.....
June 9
IT IS HEREBY ORDERED ADJUDGED AND DECREED as follows:
Patriot, Moore and TPL, "AMONG OTHERS"(!!!!!), have entered into a series of negotiated agreements, pusuant to which Patriot, Moore and TPL have agreed to settle among them on the terms and condiitons contained in that certain Master Agreement by and among Patriot, TPL and Moore dated June 1, 2005.
Gee, I wonder who the "others" are??
could some please post that on Raging Bull PTSC board? thnx
ALERT - PTSC - judge approves settlement!.....
June 9
IT IS HEREBY ORDERED ADJUDGED AND DECREED as follows:
Patriot, Moore and TPL, "AMONG OTHERS"(!!!!!), have entered into a series of negotiated agreements, pusuant to which Patriot, Moore and TPL have agreed to settle among them on the terms and condiitons contained in that certain Master Agreement by and among Patriot, TPL and Moore dated June 1, 2005.
Gee, I wonder who the "others" are??
ALERT - PTSC - judge approves settlement!.....
June 9
IT IS HEREBY ORDERED ADJUDGED AND DECREED as follows:
Patriot, Moore and TPL, "AMONG OTHERS"(!!!!!), have entered into a series of negotiated agreements, pusuant to which Patriot, Moore and TPL have agreed to settle among them on the terms and condiitons contained in that certain Master Agreement by and among Patriot, TPL and Moore dated June 1, 2005.
Gee, I wonder who the "others" are??
agree. me either. what a waste.
final
PTSC & CLYW...
Got CLYW at 1.03, posted on CASH COW (should have posted here too).
PTSC got 20k at .126. partial fill. going to $1 very soon.
T4M - are you oneuptic on raging bull?
of course it was BS. sellers trying to set it up to fail. i am a patient buyer looking for $1 plus this year. i will sell other holdings to buy more PTSC. my only questions now are what's the split between PTSC and TPL and how much money did TPL get on the licenses they've done to date with Intel, et al.
want to do me a favor? call Tom Rigoli at TPL (650)-969-5986 and see what you can get out of him. i did the other day. nice guy. he's the one who told me the revs from these patents will be "awesome".
buying more PTSC as we speak. talked to IR - the 8k is being worked right now.
bot 20k CLYW at 1.03 right now, going to snap back imo.
i'm bidding 99c for 50k right now. come on sellers, give it to me
CLYW - get some here quick 1.04 on flush. will snap back quick. way oversold. good vol today.
PTSC selling done, in at 13c, look for 14c recovery at least today.
major accumulation here at 1.03
more 1.05. we'll close 1.10 or higher.
more at 1.06.
back in here 1.08
T4M - AMD bought shares of PTSC in their deal. you have to wonder if Intel is or will do the same thing to offset AMD. we already know that Intel has a license with TPL, but TPL is a private company. Now that PTSC is going to get a piece of the Intel licensing revs, maybe Intel will buy PTSC shares like AMD did. maybe that's who is buying. maybe the 8k is waiting for Intel to get filled. pretty far fetched but who knows.
i think the 8k will be good news, it will trade up and then fall off again. but no matter for me. it's a 2-3 month hold for me and expect to make major moves as new licenses are announced. i could easily see 20-30mm in new rev to PTSC over that timeframe as i expect many players to sign up now that the ownership issue is resolved and Intel and AMD have signed deals.
sold most all 1.30 and higher. will get back in low teens. lost the edge and will drift down until better support.
More from TPL guy --
paraphrased...it's not like these patents are convoluted or easy to get around. if that were the case, it would be tied up in courts. these are very basic, very understandable patents and it's very easy to determine who is infringing. i said the revs from these could be ridiculous and he said not ridiculous, "awesome".
More from TPL guy --
paraphrased...it's not like these patents are convoluted or easy to get around. if that were the case, it would be tied up in courts. these are very basic, very understandable patents and it's very easy to determine who is infringing. i said the revs from these could be ridiculous and he said not ridiculous, "awesome".
TPL HAS DONE LICENSES - PLURAL! PTSC WILL GET BACK PAID FOR THESE! TPL DEALS MUCH BETTER THAN AMD DEAL. GOING TO BE HUGE REVS FOR PTSC IMMEDIATELY.
TPL HAS DONE LICENSES - PLURAL! PTSC WILL GET BACK PAID FOR THESE! TPL DEALS MUCH BETTER THAN AMD DEAL. GOING TO BE HUGE REVS FOR PTSC IMMEDIATELY.
TPL HAS DONE LICENSES - PLURAL! PTSC WILL GET BACK PAID FOR THESE! TPL DEALS MUCH BETTER THAN AMD DEAL. GOING TO BE HUGE REVS FOR PTSC IMMEDIATELY.
can someone please post that on Raging Bull PTSC? thnx.
PTSC - spoke to TPL group......
long conversation and couldn't tell me details of the deal with Patriot, but here are some things I did hear, paraphrased:
PTSC and TPL will go back and divy up all licensing revenues received by both groups on these patents per the new agreement splits. he suggested they'd go back at least a year. this is huge for PTSC. Remember, TPL did a license with Intel. Also said TPL had done licenses, plural, not just one with Intel.
I said the $2.9mm deal with AMD that PTSC did seemed small to me. his comment was that TPL knows how to maximize licensing revenues (I read as opposed to PTSC who develops technology). the message was TPL probably got much more on its deals than PTSC got from AMD, which of course is great for PTSC since they get a cut. also said the AMD deal was done under the "cloud" of an ownership dispute between PTSC and TPL and that the cloud is now gone and it's a whole new ballgame - tells me the price just went up.
I said Intel did their deal under the cloud too and he said that TPL knows how to maximize licensing deals...tells me they got Intel for sig bucks
pressed for details of Intel deal, but TPL is provate company so don't have to disclose, however he said PTSC will have to disclose all in 8k's since they will be material to PTSC. said PTSC 8k on the TPL deal should be out very soon and probably gives details on rev splits.
TPL will market the patents as the "Moore portfolio". TPL is already agressively going after new licenses. their strategy is to get licenses, not court battles.
in for more under 14c.
PTSC - spoke to TPL group......
long conversation and couldn't tell me details of the deal with Patriot, but here are some things I did hear, paraphrased:
PTSC and TPL will go back and divy up all licensing revenues received by both groups on these patents per the new agreement splits. he suggested they'd go back at least a year. this is huge for PTSC. Remember, TPL did a license with Intel. Also said TPL had done licenses, plural, not just one with Intel.
I said the $2.9mm deal with AMD that PTSC did seemed small to me. his comment was that TPL knows how to maximize licensing revenues (I read as opposed to PTSC who develops technology). the message was TPL probably got much more on its deals than PTSC got from AMD, which of course is great for PTSC since they get a cut. also said the AMD deal was done under the "cloud" of an ownership dispute between PTSC and TPL and that the cloud is now gone and it's a whole new ballgame - tells me the price just went up.
I said Intel did their deal under the cloud too and he said that TPL knows how to maximize licensing deals...tells me they got Intel for sig bucks
pressed for details of Intel deal, but TPL is provate company so don't have to disclose, however he said PTSC will have to disclose all in 8k's since they will be material to PTSC. said PTSC 8k on the TPL deal should be out very soon and probably gives details on rev splits.
TPL will market the patents as the "Moore portfolio". TPL is already agressively going after new licenses. their strategy is to get licenses, not court battles.
in for more under 14c.
PTSC - spoke to TPL group......
long conversation and couldn't tell me details of the deal with Patriot, but here are some things I did hear, paraphrased:
PTSC and TPL will go back and divy up all licensing revenues received by both groups on these patents per the new agreement splits. he suggested they'd go back at least a year. this is huge for PTSC. Remember, TPL did a license with Intel. Also said TPL had done licenses, plural, not just one with Intel.
I said the $2.9mm deal with AMD that PTSC did seemed small to me. his comment was that TPL knows how to maximize licensing revenues (I read as opposed to PTSC who develops technology). the message was TPL probably got much more on its deals than PTSC got from AMD, which of course is great for PTSC since they get a cut. also said the AMD deal was done under the "cloud" of an ownership dispute between PTSC and TPL and that the cloud is now gone and it's a whole new ballgame - tells me the price just went up.
I said Intel did their deal under the cloud too and he said that TPL knows how to maximize licensing deals...tells me they got Intel for sig bucks
pressed for details of Intel deal, but TPL is provate company so don't have to disclose, however he said PTSC will have to disclose all in 8k's since they will be material to PTSC. said PTSC 8k on the TPL deal should be out very soon and probably gives details on rev splits.
TPL will market the patents as the "Moore portfolio". TPL is already agressively going after new licenses. their strategy is to get licenses, not court battles.
in for more under 14c.
PTSC gapping. loaded up yesterday and good things to come. we know that Intel already signed a license with Moore in 2004. the PR said the parties would get payments - what this means to me is that Patriot will be getting the license money that Intel paid TPL, or at least a large chunk of it. that could be very big money, much bigger than the 2.9mm from AMD.