Patriot Scientific

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

J's and tpl/ptsc have somehow negotiated a deal (take your pick):

 

-a new (possibly ipo) company where maybe an RG and co. will run.

-M/A of an existing co. that PTSC/TPL will take public.

-or any variables of a company/situation that the J's help PTSC/TPL fund by way of a settlement agreement in exchange of no payment in court.

 

We heard somewhere RG being interim CEO through some type of transition or something like that.

A little disorientated right now, trying to make sense of this situation for the biggest possible qtr. to date based on the biggest historical court decision to date. 

I am simply baffled. I know there are very intelligent individuals here right now scratching their heads and saying, "what the _____".

My hopes is that the settlement with the J's has to be tied to some type of a negotiation that was  positive for ptsc................or what was the point of going through the legal process ( I truly hope it was not a bluff on TPL part).

Bewildered.

Tom

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kamranta
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