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

<Is a public company required to let its shareholders know about all litigation it is involved in?>

One would think so.

<they had an obligation to tell shareholders about the suit.. >

One would think so.

I do not know what the SEC requirement is with respect to notification. I strongly suspect that the info must be included in the quarterlies. Are you saying that PTSC was not in compliance with the SEC requirement, whatever that is?

<I have no idea if the orginal post had any specific point to be made, since none was given.>

I was simply trying to understand if you are just throwing info out there for us to digest if we're inclined to do so, or if there was some point you were trying to make. And your response indicates the former.

Not sure why you found it necessary to make the assumption that "I don't care about how the company spends money." Does that really follow from what I said?

Opty

Please login to post a reply
optymystic
City
Rank
President
Activity Points
18922
Rating
Your Rating
Date Joined
11/02/2006
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post