Whatever got into the management and sales team at Patriot Scientific Corporation (OTC:PTSC) this month is just what the doctor ordered.
Shares were trading at $0.05 on Dec 30 and are currently trading in the $0.13 range; a gain of 160% in six weeks. Some very happy shareholders here.
Patriot Scientific is the co-owner of the Moore Microprocessor Patent Portfolio licensing partnership, and is the parent of the wholly owned subsidiary, PDSG.�
The Moore Microprocessor Patent (MMP) Portfolio includes seven U.S. patents as well as their European and Japanese counterparts.
The patents cover techniques that enable higher performance and lower cost designs essential to consumer and commercial digital systems ranging from PCs, cell phones and portable music players; to communications infrastructure, medical equipment, and automobiles.
On Jan 31 PTSC said that Extreme Networks, Inc. had purchased an MMP Portfolio license. Extreme Networks delivers networks for the mobile world including converged mobile edge of enterprises; to virtualized clouds, and from data centers to global carrier networks that backhaul mobile traffic.
On Feb 9, PTSC announced another sale, this to an industry giant; Tyco International, which also purchased an MMP Portfolio license. Tyco is a leading provider of security products and services, fire protection and detection products and services, and industrial valves and controls to customers worldwide.
So: two big contracts within two weeks to fuel the fires of the Company�s stock run-up. PTSC is based in Carlsbad, CA.�
At $0.13 a share currently; well worth a look still as the sales and management teams appear to be on a roll; a Very Big Roll.�
I haven�t, don�t, and do not intend on holding any of the companies mentioned in this article.
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