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 optymystic's message

I agree 100% with opty that it is PTSC's repsonsibility to be transparent, meaning absolutely transparent IMO, about what has occurred with the settlement with TPL --- that is beyond question. The real issue, however is whether PTSC will do so, thus reversing its trend of silence and lack of communication that even led to its "virtual only" shareholder meeting.

Transparency should begin with publication of the complete settlement agreement, just as was done with the Master Agreement. And we should also be provided with a statement concerning expectations for a time frame as to the resumption of MMP licensing, especially since TPL's licensing of its own patents appears to be accelerating.

Although I'm not trying to be unduly cynical, the Company has just released its 10Q, which means that no other required reporting is due for several months --- a lot can be hidden and suddenly "sprung" on shareholders/investors during that time. Hopefully, therefore, we will see a PTSC that intends to be something more than merely "fully SEC compliant" in a minimal sense, and that has actually done something worthwhile for its retail shareholders. The longer we go without transparency, the more it will seem that recent developments have actually been nothing more than "business as usual".

Best wishes to all.

Please login to post a reply
ronran
City
Rank
President
Activity Points
30970
Rating
Your Rating
Date Joined
12/13/2004
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post