``These buybacks are, of course, subject to the Company determining at the time licensing revenue distributions are received that such action is prudent based upon market conditions and sound financial management considerations. Repurchased shares will be placed in our treasury as a resource available for possible future use,`` Pohl explained.

``This stock buyback program reflects our confidence in both the near- and long-term prospects for Patriot Scientific,`` Pohl stated. ``We are committed to returning value to stockholders in various ways, including through our growth strategy as well as our focus on operational excellence and ability to generate and manage strong cash flow. As we receive and accumulate cash in the future from anticipated licensing revenues, our Board will be continuing to review and update our business and strategic plans,`` he continued. ``These considerations currently include payment of dividends, buying back some of our outstanding shares and warrants, and contemplation of other prudent and feasible ways in which we might put future cash to work to create additional streams of revenue for the benefit of the Company and our shareholders.``

Maybe a cash and stock deal to merge with an already-listed NASDAQ or other `real` exchange-traded company; who knows ??? Best