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Patriot Scientific Corp – ‘8-K’ for 5/15/15

On:  Thursday, 5/21/15, at 4:15pm ET   ·   For:  5/15/15   ·   Accession #:  1019687-15-2081   ·   File #:  0-22182

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/21/15  Patriot Scientific Corp           8-K:1       5/15/15    1:15K                                    Publicease Inc/FA

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     11K 


This is an HTML Document rendered as filed.  [ Alternative Formats ]



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549


FORM 8-K


 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 15, 2015

 

PATRIOT SCIENTIFIC CORPORATION

 

(Exact name of registrant as specified in its charter)

 

Delaware   000-22182   84-1070278
(State of other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

701 Palomar Airport Road, Suite 170, Carlsbad, California 92011

(Address of Principal Executive Offices)

 

Registrant’s telephone number, including area code: (760) 547-2700

 

Not Applicable

(Former name or former address, if changed since last report)


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

 

o            Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

 

Item 1.02 Termination of a Material Definitive Agreement.

 

Effective May 15, 2015, the joint venture of Patriot Scientific Corporation (the “Company”) and Technology Properties Limited LLC (“TPL”), known as Phoenix Digital Solutions, LLC, a Delaware limited liability company (“PDS”), terminated the Amended Alliacense Services and Novation Agreement effective July 24, 2014 (the “Agreement”) between PDS and Alliacense Limited LLC, a Delaware limited liability company (“Alliacense”).

 

Under the Agreement, Alliacense was one of two companies that assist PDS with commercializing the Moore Microprocessor Patent portfolio (the “MMP Portfolio”) through licensing and litigation on behalf of PDS, TPL, and the Company. The Agreement sets forth Alliacense’s obligations and compensation in connection with its activities with respect to the MMP Portfolio. PDS terminated the Agreement due to Alliacense’s failure to comply with its obligations under the Agreement.

 

The other licensing company, Dominion Harbor Group, LLC, continues to assist PDS with commercialization of the MMP Portfolio.

 

 

 

 

 

1
 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  PROTEO, INC.
   
Date: May 21, 2015 By:  /s/ CLIFFORD L. FLOWERS
    Clifford L. Flowers
Chief Executive Officer

 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on:5/21/15
For Period End:5/15/15
7/24/148-K
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Filing Submission 0001019687-15-002081   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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