"TPL is Patriot’s business partner, and the exclusive licensor for the MMP™ Portfolio. Since my last shareholder letter, they’ve announced two new licensees; Research In Motion (RIM), the provider of BlackBerry® handheld devices, and Onkyo, a Japanese manufacturer of high-end audio gear. These two new licensees bring the total number of MMP™ Portfolio licenses to more than 45. As you know, the details of individual licenses cannot be disclosed. While all licensees to date have chosen lump sum front-end buy-outs, TPL continues to offer an on-going royalty payment option in new customer agreements and future license agreements could include on-going royalties.

http://patriotscientific.com/index.php?option=com_content&task=view&id=173&Itemid=29

Aside from confirming numerous times that all previous licenses were done on a one-time lump sum basis (yes, even the J3!), this is the only language that has been publicly disseminated that I am aware of regarding license payment structures.

Therefore, based on the text in yesterday's PR about both "upfront and future payments" it SHOULD mean that these are on-going royalty payment option licenses. That being said, the language in the PR is not SPECIFIC to that point, so it is possible that these are "installment payments" for an agreed to lump sum that they are referring to. This is something that RG should clarify in the 10q conference call, IMO, and/or in the 10q "subsequent events" section.

It SEEMS like a positive development IMO, though I hope PTSC will take advantage of the 10q and CC opportunity to provide further visibility on this issue in order to confirm that perception and be proactive in their dealing with shareholders and potential shareholders.