Patriot Scientific

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

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Re: The report was just about-ADS

Patriot Scientific

over 13 years ago

in response to ads123's message

It appears that TPL has manipulated things so that PTSC will never be in a position to contribute more money than required to the working capital fund of PDS, thereby eliminating any chance of PTSC getting a larger % of PDS.

Doesn't it seem easy enough for TPL to submit expenses for reimbursement that are large enough to offset the required capital contribution and/or ask PTSC for loan. I doubt that Leckrone would ever let PTSC gain control of PDS?

Again, I am not an accountant and corrections are welcome.