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 optik's message

I am not an advocate of lawyers and/or lawsuits --- far from it actually. But to clarify your misinformation, what is being thrown around is not a "lawsuit against the company"; shareholders don't sue 'the company', what they do is sue the principals in charge of running the company - directly. Then, typically, those individuals would fall back on the D&O insurance that covers them (paid for by the company) in such suits. It is ultimately insurance that pays out in such (limited) circumstances, not the company. Therefore, please do not make it sound like rightfully disgusted shareholders are going to 'sue the company' and drain it of its resources in your defense of the status quo --- that is not how it works.

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BUSHleague
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Patriot Scientific
Symbol
PTSC
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OTCBB
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401,392,948
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Technology & Medical
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