Modest royalty payments from AMD for the use of the IGNITE license (royalty provision disclosed, amount undisclosed) and the Patent Portfolio (royalty structure unknown & undisclosed) in the upcoming 10K will be appreciative. I anticipate the price range to be $0.13 to $0.17.
If Fujitsu, et al., settle prior to case management conference set for late September, price range will probably be at $0.15 to $0.28. Parties will probably request an extension for stay or proceed with discovery proceedures with the possibility of settling the case within the year.
1Q-10QSB will be interesting with Intel's license payment for Patent Portfolio + possible royalty payment, if any (royalty provision unknown) + AMD's royalty payments, if any. TPL's expenditures pursuant to the parties' Operating Agreement will off set PTSC revenues (50% split). Anticipated price range will probably be around $0.23 to $0.34.
2Q-10QSB will probably show licensing fee payments from Fujitsu, et al. (if they settled in Sept) + Intel's royalty payment (if any) + AMD's royalty payments (if any). Price range will probably be around $0.24 to $0.36.
Unexpected good news in the 2nd quarter to end of the fiscal year (ie. acquiring license agreements with big companies such as TI, Lucent, Philips, etc., for example) could spike PTSC's penny stock to the range of $0.28 to $0.45, compounded with positive earnings in 1Q, 2Q, 3Q & 4Q.
However, pursuant to 3Q-10QSB, fiscal year 2005, page 25, paragraph 1, PTSC scheduled an annual shareholders meeting to take place in the 2nd quarter of this calendar year to proposed an increase in authorized shares. "Should the shareholders not approved the proposal and we were unable to internally fund our operations, we would need to cease doing business and/or liquidate or sell our assets." It should be noted that this statement by PTSC was made 2 months prior to PTSC & TPL's settlement in June.
Pohl's approach to "boost awareness among local San Diego and Silicon Valley business media, as well as among the local financial community.." and "..among regional and national trade media, industry market anaylsts.." is a good plan. The only obstacle I see from getting the "word" out sooner, more frequent and louder for PTSC's "fresh & exciting story to tell" is TPL's approval.
I believe there's too many shares outstanding to make this penny stock fly for long term investors. If TPL manages to exercise their warrants when PTSC spikes to $0.50, $0.75 then $1.00, I wouldn't be surprise if PTSC proposes a reverse split.
PTSC, for at least 30 days, will be in position to apply for NASDAQ listing. NASDAQ listing will bring more attention to PTSC from household financial institutions. Thus, in my opinion, the chain reaction of events could create a supply & demand economic frenzy for individual & institutional investors too drive the stock into double digits.
In my opinion, residential long terms need to buy and/or hold really really long, and take the abuse from price shifting and stock bashers.
