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Message: What happened between 2004 and 2007?

What happened between 2004 and 2007?

posted on Jul 07, 2008 09:51AM

This was PTSC's goal in 2004 with only ONE patent involved (336):

"This case sought damages in excess of several hundred million dollars for claimed infringements involving patented microprocessor design technology held within Patriot Scientific's intellectual property portfolio."

But in 2005 the joint venture with TPL led to:

"...the voluntary self-dismissal of its lawsuit against Fujitsu Computer Systems, Inc.; Matsushita Electric Corporation of America; NEC Solutions (America) Inc.; Sony Electronics Inc.; and Toshiba America Inc."

One day later:

"The TPL Group today announced it has filed broad-based intellectual property claim in the US District Court, Eastern District of Texas against a group of major Japanese electronics manufacturers. The broad-based claim cites Fujitsu, Matsushita, NEC Toshiba and their affiliates for direct infringement, contributory infringement, and inducing the infringement of at least three of the ten patents jointly owned with Patriot Scientific Corporation and contained in the Moore Microprocessor Patent(TM) (MMP) Portfolio,..."

http://findarticles.com/p/articles/m...

And in March 2006 Texas was confirmed:

"The Texas federal court will hear the patent infringement actions, and the declaratory judgment cases are stayed (on hold) until the Texas case is finished.

TPL and Patriot now have a decided edge. The case will move forward, not in a matter of years but a matter of months. One of the defendants, Fujitsu, recently jumped ship and settled. The remaining defendants have a serious decision to make: either they negotiate similar settlements, or see this litigation through to a jury trial (probably within a year) and an appeal (perhaps another 7-8 months). The third option, delay, has been taken off the table."

http://seekingalpha.com/article/7960...

- What happened between 2004 and December 2007 with the damages for infringement?

- If it was true, that PTSC forced TPL in a lawsuit, why did TPL start the new lawsuit, based on at least three patents (PTSC sued only for the 336)?

- Why did TPL want to accelerate the lawsuit by going to Texas instead of staying in California, if they were not absolutely sure of the outcome?

- Thus the next question: What happened between March 2006 and Dec 2007?

Nearly last question: Is it possible, we and the rest of the world do NOT know the whole story?

Last question: Is it possible, TPL (and PTSC) were wrong in their assumptions regarding their chances in the litigation?

Maybe the answers to the all these questions lead to the final answer, who is "guilty", who is responsible for the decreasing of the shareprice since March 2006...

Just some thoughts...glta

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