Patriot Scientific

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

almost 11 years ago

in response to Biajj2too's message

The REIT idea probably would not work as the IRS is starting to crack down on companies that do not have true real estate holdings. I am not familar with Royalty Trusts but I assume that they have similar structures (tax benifits for returning certain earnings to shareholders directly).