Patriot Scientific

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

What will PTSC now expend to make Crossflow a growing money making business - with much EPS to the bottm line. I would like to understand PTSC's plan. We all understand that the money spent to buy Crossflow went into the sellers pockets, not into improvements in operations.

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Now what? There doesn't seen to be any consolidation-cost-savings to be had. What does PTSC bring to the table? Was this such a giveaway deal that PTSC need do nothing to make a lot of money? Were they in such financial trouble that they had to sell? That wouldn't seem very promising either.

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PTSC could invest there time in making this a money maker (if the staff has time and expertise), or they could invest money to improve operations - including marketing operations. Or is PTSC counting on the fact that Crossflow's former owners and employees will work harder and more efficiently now that PTSC is the owner?

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Ah yes, and don't forget all that goodwill they paid for. Companies will come running and break down the doors just to sign up for a patent license now that they know PTSC owns Crossflow ;-)

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I'm sure there's a money making strategy behind this buy. I just wish they'd give us some understanding of the logic and plan. Here I go, wishing again. But the plan may be all explained in detail - under a non-disclosure agreement.

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Sorry I seem so down on this very up occasion. It seems I've been here before a few times - with other companies.


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Cautious
City
Ventura
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Treasurer
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2663
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Date Joined
12/19/2006
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Patriot Scientific
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PTSC
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OTCBB
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Technology & Medical
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