PTSC.OB

[setravis]

This was not posted.......




Press Release Source: Patriot Scientific Corporation


Patriot Scientific Reports Fiscal Q2 Results
Thursday January 18, 1:09 pm ET 
Actions Included Continued Share Buy Backs, Mediation Settlement in Principle


CARLSBAD, Calif., Jan. 18 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) this week reported net income of $4,108,275 after provision for taxes, or $0.01 per diluted share, for the first 6 months ended November 30, 2006, even though the company recorded a net loss of $1,881,998 for the three-month fiscal quarter ended on that date after setting aside funds to provide for settlement in principle of a dispute. A copy of the company's Form 10-Q, filed January 16, 2007 with the U.S. Securities and Exchange Commission, is available on the company's redesigned website, www.ptsc.com, where visitors can now sign up for e-mail alerts.


The quarterly results included $6,674,793 received as the company's share of the net income of Phoenix Digital Solutions, the joint venture entity that is owned half by Patriot Scientific and half by The TPL Group. Phoenix Digital receives its income from licenses purchased by manufacturers who use technologies contained in the MMP Patent Portfolio that is jointly owned by Patriot Scientific and TPL.

The report disclosed that during the six months ended November 30, 2006, Phoenix Digital received aggregate proceeds of $32,699,000 from technology licensing agreements entered into with third parties. License proceeds of $8,850,000 relating to an additional license agreement signed in November 2006 are to be received in January 2007. Phoenix Digital entered into licensing agreements with aggregate proceeds of $7,320,000 during December 2006. The dollar amount for each licensing deal varies, depending upon factors that include among other things the relevance of the patents to each licensee's revenue and the extent to which the patented technology is incorporated into specific products.

"Our revenues reflect continued momentum in pursuing our patent portfolio licensing strategy through our joint venture with TPL," stated Patriot Scientific chairman and CEO David Pohl. "We had a net increase in cash of $7,733,791 during the first six months ended November 30, 2006 as we continued to strengthen our balance sheet and our financial structure. We have subsequently used some of the cash for share buy backs."

Pursuant to its program to buy back stock, the Company repurchased 4,874,827 shares for the first six months ended November 30, 2006 at an aggregate cost of $4,024,395, and in December 2006 and January 2007 purchased 3,132,500 shares at an aggregate cost of $1,960,305. Patriot Scientific had 381,214,818 common shares outstanding on January 12, 2007. Shareholders' equity at the end of the quarter was $12,782,707, down from $16,629,014 at the end of the previous quarter and up from $10,827,551 on May 31, 2006.

At the end of the quarter Patriot Scientific had $15,714,374 in current assets that included short-term investments and over $11,718,031 in cash and cash equivalents. Current liabilities of $10,968,204 included a $4,154,600 provision for income taxes as well as $6,354,063 earmarked as an expense related to a settlement in principle reached during mediation of litigation between Patriot and a co-inventor of its patented technology. The company has no long-term debt.

"We are delighted that the strength of our patent portfolio continues to be validated by the 12 licenses that have been signed thus far with major electronics companies, 10 of them during calendar year 2006," said Pohl. "Our outlook remains positive for continued revenue based on further progress in licensing more of over 400 companies worldwide that have been notified they are candidates."

Pohl also noted that Patriot Scientific is continuing to actively evaluate sources and opportunities to create additional recurring revenue through possible joint ventures or acquisitions, all with the goal of increasing shareholder value.

Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense(TM), a TPL Group enterprise, exclusively manages. The MMP Portfolio patents, filed in the 1980s, protect design techniques that have become essential to a myriad of consumer and commercial digital systems ranging from computers, DVD players, cell phones and portable music players, to communications infrastructure, medical equipment and automobiles.

About Patriot Scientific

Patriot Scientific is a leading intellectual property licensing company that develops, markets and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com.

An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/ptscprofile.aspx.

Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may also be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.

About the Patent Portfolio

The patent portfolio, marketed as the Moore Microprocessor Patent Portfolio, contains intellectual property that is jointly owned by the publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven U.S. patents as well as their European and Japanese counterparts. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group Enterprise.

Moore Microprocessor Patent, MMP and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC and Ignite are trademarks of Patriot Scientific Corporation. All other trademarks belong to their respective owners.


    CONTACTS:
    Patriot Investor Relations
    Hawk Associates
    Frank Hawkins or Ken AuYeung
    (305) 451-1888
    [email protected]

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, results of litigation, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
--------------------------------------------------------------------------------
Source: Patriot Scientific Corporation

[setravis]

New License
Patriot Scientific Corporation (OTC Bulletin Board: PTSC) confirmed that Schneider Electric today has purchased a Moore Microprocessor Patent™ (MMP) Portfolio license. Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.

May be ready for a move north.......


52wk Range: 0.12 - 2.25
Volume: 4,398,687
Avg Vol (3m): 1,487,790

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
2.46%above 13-day MA
-9.94%below 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $284.02 
P/E Ratio: 12.05 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[alumette]

"...Anyone know of fundamental reasons for this huge drop?..."

Yes, most likely reason is insiders converting warrants and selling shares they already own to stay under SEC reporting requirements. Should (emphasis on 'should') be finished converting prior to Markman hearing, in April I think. Huge potential with PTSC but no small risk entailed.

[horwel]

Gap Up Tomorrow!


CARLSBAD, Calif., Feb 22, 2007 -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) today announced that it will issue a cash dividend of $0.02 per share of common stock for shareholders and qualified warrant holders of record as of March 6, 2007. The dividend is payable April 9, 2007.

This dramatic action follows closely on the heels of the company's recent announcements that two more global manufacturers, NEC Corporation and Funai Electric, have purchased licenses for the jointly owned Moore Microprocessor Patent(TM) (MMP) Portfolio. Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense, a TPL Group enterprise, exclusively manages.

"We want our shareholders to participate in our share of the revenues generated by our jointly owned MMP Patent Portfolio," said David Pohl, chairman and CEO of Patriot Scientific Corporation. "In furtherance of this philosophy, our board of directors has now adopted a policy of paying a dividend every six months, subject each time to a determination by the board that payment of a dividend would then be reasonable and prudent in light of the financial condition of the company, other possible applications of the company's available resources, and relevant business considerations," Pohl stated.

Patriot Scientific invested millions of dollars and hundreds of thousands of man-hours over 12 years or more developing and bringing to market products based upon the company's intellectual property, including IP contained in the MMP Portfolio. "Patriot's board of directors decided in June 2005 to shift our primary business model from manufacturing and marketing products to a model currently focused on licensing our joint venture patent portfolio," said Pohl. "This dividend payment, which is rare in the arena of microcap companies, is another important step evidencing the fact that the board and management firmly believe in the company's future potential." He noted that HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, Agilent, Lexmark, Schneider Electric, NEC Corporation and Funai Electric have purchased MMP Portfolio licenses in the past 13 months. Intel and AMD are also licensees. The MMP portfolio generated over $108 million in total license fees for the joint venture as a result of licenses signed in 2006. After allocation for expenses, the distributive share received by Patriot Scientific from the total license fees was over $48 million.

"We have already embarked upon our plan for the future of Patriot Scientific by seeking and evaluating opportunities to add to and diversify our revenue stream by acquiring other companies and technologies, entering into joint ventures, developing and marketing new proprietary products or technologies, or a combination of any of those alternatives," Pohl continued, "always pointed toward the goal of increasing the financial position and strength of the company and providing value to our shareholders."

A letter issued by Pohl as CEO of Patriot Scientific is being posted Friday on the company's web site at www.ptsc.com. The letter summarizes significant developments of 2006 and provides an update on recent events of interest to shareholders. The company also announced plans to hold an annual shareholders meeting April 27, 2007, in Carlsbad, California. Details will be announced soon and proxy materials will be mailed to shareholders.

About Patriot Scientific
Patriot Scientific is a leading intellectual property licensing company that develops, markets and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at www.ptsc.com.

The patent portfolio, marketed as the Moore Microprocessor Patent(TM) Portfolio, is jointly owned by the publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven U.S. patents as well as their European and Japanese counterparts fundamental to the design of modern microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations.

About Alliacense
Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of Intellectual Property (IP) licensing programs. As a cadre of IP licensing strategists, technology experts, and experienced business development /management executives, Alliacense focuses on expanding the awareness and value of TPL's IP portfolios. Founded in 1988, The TPL Group has emerged as a global coalition of high technology enterprises involved in the development, management and commercialization of IP assets as well as the design, manufacture and sales of proprietary products based on these same IP assets. For more information, visit www.alliacense.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.

Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC and Ignite are trademarks of Patriot Scientific Corporation. All other trademarks belong to their respective owners.

[setravis]

Press Release Source: Paulson Capital Corp.


Update: Paulson Investment's 30th Annual Westergaard Conference to Showcase Emerging Industry Leaders
Tuesday November 6, 9:00 am ET


PORTLAND, OR--(MARKET WIRE)--Nov 6, 2007 -- Paulson Investment Company, Inc., a wholly owned subsidiary of Paulson Capital Corp. (NasdaqCM:PLCC - News), today issued a list of confirmed companies scheduled to present at Paulson Investment's 30th Annual Westergaard Conference to be held next week in New York City.
The Conference will showcase small and emerging growth companies focused on establishing leadership in a broad range of industry sectors, including financial, security, technology, healthcare, environmental, alternative energy and consumer products. Founded in 1978 by noted small cap analyst John Westergaard, this Conference provides a venue for select companies to share detailed insight into their business operations, short and long term growth strategies and industry vision.

Space is limited, so investment professionals interested in attending are encouraged to pre-register for the event. For more information or to pre-register, please visit www.westergaardconference.com.



EVENT AT A GLANCE:

WHEN:  Tuesday, November 13, 2007 from 8:00 A.M. to 5:30 P.M. ET

WHERE: Waldorf-Astoria Hotel
       301 Park Avenue (Between 49th and 50th)
       New York City



KEYNOTE SPEAKER: Larry Kudlow, consistently ranked one of the nation's premier and most accurate economic forecasters according to The Wall Street Journal's semi-annual forecasting survey. Currently, Kudlow serves as CEO of Kudlow & Co., LLC, an economic and investment research firm. Kudlow is host of CNBC's "Kudlow & Company," which airs weeknights from 5 p.m. to 6 p.m, as well as the host of "The Larry Kudlow Show" on WABC Radio on Saturdays from 10:00 a.m. to 1:00 p.m. He is also a nationally syndicated columnist and hosts his own blog. He is a contributing editor of National Review magazine, as well as a columnist and economics editor for National Review Online. He is the author of "American Abundance: The New Economic and Moral Prosperity," published by Forbes in January 1998.

This year's conference will play host to companies scheduled to give multiple presentations throughout the day to small, informal groups of investment professionals. Confirmed presenting companies are:



  American Mold Guard, Inc. (NasdaqCM:AMGI - News)
  Ascent Solar Technologies, Inc. (NasdaqCM:ASTI - News)
  Asure Software, Inc. (NasdaqGM:ASUR - News)
  Bridgeline Software, Inc. (NasdaqCM:BLSW - News)
  Charles & Colvard, Ltd. (NasdaqGS:CTHR - News)
  Converted Organics, Inc. (NasdaqCM:COIN - News)
  Document Security Systems, Inc. (AMEX:DMC - News)
  Healthy Fast Food, Inc. (not publicly traded)
  Hyperdynamics Corp. (AMEX:HDY - News)
  IceWEB, Inc. (OTC BB:IWEB.OB - News)
  ICOP Digital, Inc. (NasdaqCM:ICOP - News)
  IntegraMed America, Inc. (NasdaqGM:INMD - News)
  INX, Inc. (NasdaqGM:INXI - News)
  Lime Energy (OTC BB:LMEC.OB - News)
  Lumera Corporation (NasdaqGM:LMRA - News)
  Memry Corporation (AMEX:MRY - News)
  Metalline Mining Co. (AMEX:MMG - News)
  Nitrosecurity, Inc. (not publicly traded)
  Patriot Scientific Corp. (OTC BB:PTSC.OB - News)
  Plexera BioScience, LLC (not publicly traded)
  Power Air Corporation (OTC BB:PWAC.OB - News)
  Pressure BioSciences, Inc. (NasdaqCM:PBIO - News)
  Proginet Corporation (OTC BB:PRGF.OB - News)
  QPC Lasers (OTC BB:QPCI.OB - News)
  The Quantum Group, Inc. (OTC BB:QNTM.OB - News)
  Rodman & Renshaw Capital Group, Inc. (NasdaqGM:RODM - News)
  SinoBiomed, Inc. (OTC BB:SOBM.OB - News)
  Smart Move, Inc. (AMEX:MVE - News)
  TZ Limited (Alberta:TZL.AL - News)
  Vaughan Foods, Inc. (FOOD - News)

To date, valued conference sponsors include:

  Platinum Level:
  ---------------
  Dutton & Associates
  Elite Financial Communications Group

  Gold Level:
  -----------
  EQUITIES Magazine
  LANEPR
  Research in Motion (BlackBerry)

  Silver Level:
  -------------
  Financial Filings Corp.
  Financial Media Group, Inc.
  Holland & Knight LLP
  Infusion Capital, LLC
  Morse, Zelnick, Rose & Lander, LLP
  Sichenzia Ross Friedman & Ference LLP
  Thompson Financial
  Vintage Filings, LLC

About Paulson Capital Corp.

Paulson Capital Corp. is the parent company to Paulson Investment Company, Inc. Located in Portland, Oregon, Paulson Investment Company is the Northwest's largest independent brokerage firm and a national leader in public offerings of small and emerging growth companies with capital needs of $5 million to $45 million. Founded by Chet Paulson in 1970, it has managed or underwritten more than 150 public offerings and has generated more than $1 billion for client companies.

This release may contain "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties. Actual results of achievements may be materially different from those expressed or implied. The Company's plan and objectives are based on judgments with respect to future conditions in the securities markets as well as general assumptions regarding the economy and competitive environment in the securities industry, which can be volatile and out of our control. In particular, we make assumptions about our ability to complete corporate finance transactions and increase the volume and size of our securities trading operations, which are difficult or impossible to predict accurately and often beyond the control of the Company. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.

Contact:
     FOR MORE INFORMATION, PLEASE CONTACT:
     Elite Financial Communications Group, LLC
     Dodi Handy
     President and CEO
     
     Daniel Conway
     Chief Strategist
     407-585-1080
     email: [email protected]
--------------------------------------------------------------------------------
Source: Paulson Capital Corp.

[Stocky2000]

breakout 0.65 yes

[tokyopua]

Anyone still watching this bad boy?

[setravis]

Coming off a 52-week low.......

[waxweazle]

 

[waxweazle]

 

[Buyhigh?]

Dous this solid penny still have potential at 0.14?

[setravis]

updated chart look...

[setravis]

Break of the Down Trend line.
Chart pattern looks to be in line with a Falling Wegde (Reversal)


Falling Wedge (Reversal)
The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.

The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.


As with rising wedges, the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.

[setravis]

PTSC - Momentum
http://www.chartmoney.com/stockquotes.php?ticker=ptsc
Headquartered in Carlsbad, California, Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world.