Not So Highly Hypothetical

If everyone recalls the business strategy of Patriot is to gather companies or percentages of companies through merger and or acquisitions creating multi steams of revenues disseminating to Patriot similar to the structure of an umbrella, as we did with Holocom and Crossflow. That seems to be a decent strategy, just looking over the shoulder of the people that actually run the company and are responsible for day to day operations. Patriot’s pay roll and bricks and mortar are kept to minimum cost for maximum profit. How many sound companies out of six hundred are not going to have the cash to pay the ever increasing cost of licensing the MMP especially if they were forced to incur treble damages?

I guess I am trying to get some idea of what the reality is of having some of the most important patents in the history of electronics from someone that understands the nuances of business law. If for instance a company did not have the cash to pay for licensing the MMP and wanted to avoid paying treble damages, one of their options may be to pay with shares of preferred stock. So, would the stock be divided equally by TPL & Patriot or held by Phoenix? Would our holding company have rights to a percentage of cash profit earned by the licensee or, would most of the above be subject to individual agreements. When I began to look at the big picture my head starts to spin when I realize the question is not if Patriot will ever make it to the NASDAQ but….How many companies on the NASDAQ will Patriot own part of ??????????