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 emtnester's message

We know that the added shares are an added liability. But what about accounting for the acquired entity (asset). How does that hit the books? Do we take an immediate paper loss to be (hopefully) regained over time?

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Sedley
City
Rank
Treasurer
Activity Points
7914
Rating
Your Rating
Date Joined
12/13/2004
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
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