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 GKRichard's message

when they could just buy the whole company for $65M

Notwithstanding the fact that any offer would have to be acceptable to the BoD, I humbly suggest a review of the "Master Agreement" concerning "change of control".

If you believe that the shares could be purchased on the open market, so as to effectively gain control, I would merely refer you to the conditions under which S&L had to operate.

Finally, it is difficult to imagine that share purchases to that magnitude would not also push the price significantly higher.

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Be well

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milestone
City
Rank
President
Activity Points
18650
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Date Joined
08/04/2005
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
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