Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
in response to pacard's message

I just had a very interesting discussion this weekend with 2 individuals stuck in ARS's and a third who works for an investment bank that sells them.  One gentlemen was in UBS and was told by his broker it would be approximately 1 year to get all of his money.  The gentlemen that worked for the investment bank said the whole situation is worse then people think.  Big players want out and there isn't a fraction of the capital to cover them.  I'm starting to think PTSC is cursed. 

 

There has to be more to the story.  The explainations given thus far are weak at best.  RG buying at $.58 and Turley's options all these things don't add up.  I believe there is more to this and it's  the companies fiduciary duty to help us understand.  I find it very hard to believe this is all the cash we will be seeing.  I think there is more to the story.  I'm not selling, at least not yet.  IMO.

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1Rare1
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07/11/2007
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Patriot Scientific
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PTSC
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