Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
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in response to BaNosser's message
I hope I'm not stating the obvious but filing states:
2)

These options vest upon Mr. Goerner's conversion to permanent CEO and the occurrence of any of the following: (a) A successful M & A acquisition brought forth by Mr. Goerner, (a merger or acquisition with TPL excluded)

Sounds like one of the two is underway.

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eastcoast
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10/30/2006
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Patriot Scientific
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PTSC
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Technology & Medical
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