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: Does ownership=control?

Patriot Scientific

about 13 years ago

in response to BUSHleague's message

Holding shares in a publicly traded company does not represent "ownership". It is not a direct relationship. If it were a direct relationship you would benefit directly if the company were profitable and would also be directly on the hook if losses are incurred. I know the difference as I have owned businesses. As much as you would like to see yourselves as "owners" - you are not. You are shareholders. That's it.

You guys can all spin it any way you like from here! Good luck.