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 bankerson's message

I think they would be buying and holding tons of shares and letting the public know about it

If they did this, for how long would they satisfy the SEC "independent director" requirement?

Would they like to hold more but are prevented from doing so?

I'm sure that the BoD receive suggestions on a regular basis, if not from Mr Caplan, then from others. To imply that they are deaf to all suggestions would strike me as unfounded - look at all the demands for dividend payments, past and present, and how quickly some that were against them now want them as a right. This will not grow the company, merely reduce it to a shell, is that the intention?

I suggest that the first steps in regaining trust have already been taken, and that the current TPL litigation will futher enhance it.

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Be well

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08/04/2005
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Patriot Scientific
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