Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
13
SHM
almost 15 years ago
33
9
in response to GKRichard's message

I'm not going to debate the examples other than to say, as you admit, most were things that needed to be done. BTW, unused authorized shares don't matter - they are just there. And our float is less than it was by some, what, 25M shares? Would you rather that added float not be eliminated?

You say: "I beleive you said yourself that the current patents should be the sole concern of this company. Why is it that the vast majority of the income is spent on matters other than supporting the MMP (through PDS and as otherwise required)?"

I never said that, ever, as it is non-sensical. What I said was that the primary focus of SHAREHOLDERS should be on the patents.

Now, explain to me why PTSC should expend a single penny beyond the funds they dedicate to PDS to support the MMP? Why should PTSC contribute more than our fair share for half of the net proceeds from the MMP? And how would that money be spent without violating the terms of the Master Agreement?

SGE

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SGE1
City
Santa Ynez, CA
Rank
President
Activity Points
26509
Rating
Your Rating
Date Joined
12/15/2004
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
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