Some excerpts from an interview with Mr. Pohl from Oct 2006
posted on
Jun 26, 2008 07:18AM
There's no doubt, that IT SEEMS RG has taken the bull by its horn and leads him in the right direction. But if you compare the "famous" interview by Mr. Pohl with Wallstreet Transcript from October 2nd, 2006 you get a deja vu reading RG's words since March 2008.
The questions is more important than ever:
Who can we trust? And: CAn we trust RG?
Interview with Mr. Pohl/Wall Street Transcript from October 2, 2006
"As we begin to accumulate more and more cash from the licensing revenue stream that we have created, ...We will also look at opportunities to engage in other joint ventures, or ways to create additional revenue streams through mergers, acquisitions, or similar ventures that make sense for the company and for our shareholders."
"To date, over 300 companies have been put on notice for the fact that they are possibly infringing. That should give investors some sense of the size of the potential pipeline of licensing candidates that is out there, and we currently can point with pride to 10 licenses in total. That means there are a lot more to come. So the answer to your question is that three years from now, I picture this company as being one that has capitalized on the opportunity to accumulate some impressive amounts of cash in the form of licensing revenues. Milestones would possibly include that the Board of Directors might decide to pay some dividends to shareholders along the way. In addition to that, the company will definitely have taken a look at adding additional revenue streams through acquisition opportunities and perhaps the opportunity to acquire additional technology.
So I would see this company three years from now, barring any unforeseen developments, as being a financially strong company, listed on a major stock exchange, and one with income and growth potential as a very attractive investment for shareholders."
"One of the things that we find that we are in a position to do is to offer a possible acquisition opportunity to some privately held companies that may be out there perhaps with good technology but in need of cash or working capital as in the position that Patriot used to be, or perhaps with owners seeking liquidity or an exit strategy. These are companies that might benefit from being associated with a publicly held company such as Patriot that has a good cash flow, and can present opportunities for a privately held company to back into a public company. We feel that that is one of the exciting prospects that we have, which is a strategy, an opportu-
nity, and an objective."
"Number one is that since we are a company that has a stock that is currently trading at a price in the range of near $0.80 a share and a market cap of almost $300 million, we should have tremendous prospects for appreciation in the value of the shares."
"I feel that Patriot Scientific should be on every investor’s radar screen."