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 l2007s's message

Laurie-

How does posting an article about a "shareholder derivative action" on a public message board which is - who are we kidding here? - really just a thinly-veiled threat to the board of PTSC- how does this kind of thing increase shareholder value? I would think it would have the opposite of the intended effect and there will surely be a net short term and long term lowering of the share price as potential investors would not touch such an investment with the proverbial ten foot pole.

Also-please post the amount the lawyers received (percentage or lump sum-either would suffice) in your example and please post the amount per share or overall percentage of the settlement amount shareholders received in your example. Your answers should be interesting!

Your sincere reply would be appreciated. Thank you.

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stillpoint21
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Patriot Scientific
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