IMO the Stock Price will be closely aligned to the licensing rate.

Because we never know what was paid for a given license, investors will base their estimate of value on the number of licenses being announced per month or week.

If we have 2000 potential infringers, and a licensing rate of 1 per week, we would get half of those infringers in about 19 years. That's a long time to hook the infringers. Remember that infringers don't have to pay for infringing that occurs after patent expiration, they'd only pay for infringement that occurred during patent life.

Pick an average "PTSC income" per license, say $2M net after tax, and you'd have a net of about $100M per year. If that gets us 25 cents per share EPS we'd have at least a $25 stock price. Not bad at all, but we've never been close to that 1 per week licensing rate. And we can't be sure that the licensing capacity exists to achieve anything near that rate.

So why is it so quiet on the front? Is everyone busy working on signings?

These next 2 months should be very telling.