Patriot Scientific

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

I thought that was an interesting data point. Granted, with options, most earned around $250K. But keep in mind that it's a 51 BILLION dollar company making a $4B profit.

I would hope that our directors would consider a severe cut in cash pay, immediately. I think it's warranted that either they go with all stock compensation, OR, a nominal $30K per year total cash, plus stock, at least until they've guided PTSC past USPTO Recertificatin and MMP litigation and to a steady profit through recurring license fees.

Please login to post a reply
lambertslunatics
City
Rank
President
Activity Points
22114
Rating
Your Rating
Date Joined
06/18/2007
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post