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Message: If we would have a MMP problem...

If we would have a MMP problem...

posted on Jan 22, 2009 08:42AM

...shouldn't it be the company's duty to change their latest information about the MMP?

As long as they don't change it, I allege the MMP is still intact and the only reason for the lack of licensees is the waiting for the USPTO.

Here the relevant phrases from the Shareholder Presentation:

"Patriot is a co-owner of important IP (MMP Portfolio)

- Hundreds of potential licensees have been put on notice

- Strong global and active licensing program with 52 licensees to date

- Provides cash to invest for future expansion and growth

- Leverage MMP licensing proceeds for future growth

- Increase PE on MMP earnings

- Capitalize on expected favorable USPTO action on MMP"

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