Stock Insights on Patriot Scientific Corporation (OTCMKTS:PTSC)

Patriot Scientific Corporation(OTCMKTS:PTSC) traded at $0.1 when in February 2014 saw a rapid decline to a low of $0.05 which makes a 50% decrease in share price just in days. With no significant variation till November 2014 the share price further declined and is currently trading at $0.0283.

Lowest the company saw in the last 52 weeks was $0.0281 and the highest at $0.12.

Patriot Scientific Corporation(OTCMKTS:PTSC) has been keeping itself in news and on October 13, 2014 announced that its joint venture Phoenix Digital Solutions (PDS), has entered into an agreement with Dominion Harbor Group, LLC (DHG) to provide licensing and enforcement services to the Moore Microprocessor Patent (MMP) PortfolioTM.

Patriot Scientific Corporation (OTCMKTS:PTSC) is an intellectual-property licensing company covering the design of microprocessor chips and it also provides data sharing and secure data solutions. Chips with the Company’s technology are used throughout the world in products ranging from computers and cameras to printers, automobiles and industrial devices. Patriot Data Solutions Group, Inc. formerly known as Crossflo Systems, Inc. (PDSG) its wholly owned subsidiary engaged in data-sharing services and products primarily in the public safety/government sector. PDSG is a segment of the Company’s business. During the fiscal year ended May 31, 2010 (fiscal 2010), the Company sold its 39.4% interest in Talis Data Systems, LLC. During March 2010, Avot Media, Inc., the Company’s subsidiary, sold substantially all of its assets. On August 1, 2010, the Company sold the Vigilys technology.

Patriot Scientific Corporation (OTCMKTS:PTSC) announced it has filed its Report on Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended August 31, 2014. The Report can be found on the SEC’s website at http://www.sec.gov/cgi-bin/browse-edgar.

Patriot Scientific Corporation(OTCMKTS:PTSC) wasn’t able to generate revenuefor the period ending May 31, 2014.

It has total assets of $6.8 Mand liabilities stand at $290 Kwith shareholder’s equity positively at $6.51 M.

Keeping in view the fundamentals, market capitalization at $11.34 Mis clearly overvalued.