That's not a number that can be thrown out casually by the representative of PTSC's licensing partner. And certainly NOT in that setting.
If he did in fact say $350M, or $345M, it better represent a FACTUAL estimate that is VERY NEAR to the real number, or PTSC will have provided FALSE information at its shareholder meeting. Safe Harbor or not, that is NOT a forward looking statement, it is a statement of the current and past, and IMO would open PTSC to serious liability issues if it is false, or is not corrected immediately.