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 ccraider's message

"...imo, this is on purpose, its all about generating doubt and fear, it was never realy about the company..."

I don't think, more than 60 people are part of a gang trying to bring the shareprice down in order to buy more - it's a mixture of rage, ignorance and powerlessness.

Just consider the facts:

- No CEO

- Nearly no revenue from the "new" revenue sources

- Huge problems with the assessment of potential revenue (thus Baroni on board)

- Pending examination of the '336 and the '148

- Therefore no new licensees

- And last but not least the market doesn't know the current price of an average MMP license (thus no predicition possible)

So what is left to justify a market cap of more than $50millions?

It's hard to accept (and I really would "need" a significant rise of the sp), but as long as the mentioned issues are not solved and there is no bright future in sight hope alone won't support the sp. And hope and confidence have vanished rapidly after the second decision of the USPTO to start a new examination.

GLTA

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gcduck
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