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 Sedley's message

If we acquire say 20% or 40% of a company ......what we spend is an expenditure on the books...if we own any of the assets that % goes into our asset base....the yearly/quarterly revs less cost at our % ownership then goes to our bottomline in that quarter...the cost of acquisition would normally be a one time expense and in most cases be excluded in future EPS prognostications...of course in our case...our own rev's should excluded because of being one time payments(as far as we know that is)...so we're sort of different animal when you read EPS numbers and PE etc etc.

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emtnester
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President
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4671
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01/23/2007
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
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401,392,948
Industry
Technology & Medical
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