The following post in it's entirety is in the context and essence
of my opinion. The way I read it: Sony signed June 5, 2006 Nikon
June 12, Seiko Epson June 26, PENTAX June 29, Olympus Sept 5, and
finally Kenwood on Sept. 20, 2006. That makes six companies paying
aprx.$32.7M total to the jointly owned LLC.
PTSC should realize half that amount of aprx $16M in revenue for
that four month period. June 1, 2006 through October 3, 2006
I thought the Sony numbers alone would be in the neighborhood of
what Fujitsu paid, $25 to $30M, and yes it was somewhat
disappointing. Nevertheless, the company is making money and will
likely make much more. As some of the long time shareholders have
expressed, most of the money received prior to May 31, 2006 had
been disbursed in the form of dividends, which puts a great deal of
importance on how the most recent income is invested.
In that regard;
I have found the Portfolio of companies developed under the
umbrella of ITU Ventures to be exceptionally Impressive in the
technology arena and may have synergistic value to PTSC's business
model. IP that has commanded the attention and investment of
companies such as AMD, NOKIA and most recently WEYERHAEUSER among
others. I believe this may be a good direction for PTSC to look in
the way of potential investments as many of these companies (due to
the nature of being in their early stages) may be with in reach, if
not entirely, at least in part, due to the current level of funds
PTSC has available for acquisition.
ITU Ventures is the premier venture capital firm serving the unique
needs of technology businesses emerging from the nation's leading
universities, research institutions, federal labs, and technology
corporations. ITU Ventures invests in early-stage companies that
are commercializing next-generation technologies. Jonah Schnel and
Chad Brownstein are the Managing Partners of ITU Ventures.
ITU Portfolio Companies
and then folded into FASL LLC, a joint venture between AMD and
aquired by NOKIA CP ADS (NYSE:NOK)
aquired by XILINX INC (NasdaqGS:XLNX) http://www.xilinx.com/
aquired by WEYERHAEUSER CO (NYSE:WY)
ct 5, 2006 http://biz.yahoo.com/iw/061005/0169971.html
aquired by Advanced Power Technology Inc.
Story: http://rfdesign.com/news/APT-acquires-PowerSicel/ .
Surfect Holdings, Inc. Begins Trading As a Public Company Under
Story: October 10, 2006