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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Re: Is it really dilution?

Patriot Scientific

about 16 years ago

in response to Sedley's message

Very simply the more shares on the open market not owned by insiders is an increase to the float...use T shares, even assuming they'd have some time restriction for trading by the issued to entity, would still increase the float. I believe that T shares are not in the equity per share calculations too thus decreasing equity per share.