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 l2007s's message

This sounds just as fitting, IMO.

44. Second, the proposed salary deferrals by Cliff Flowers, Carlton Johnson and Gloria Felcyn are non-existent and in light of their exorbitant compensation of $446,646, $122,400 and $96,000 respectively, and PTSC's historical performance under their stewardship, is embarrassingly inexcusable.

[PTSC SEC Filings]. Such salaries are especially dumbfounding when considered in light of the fact that PTSC is essentially a holding company and that the officers’ duties and roles remain unclear while their inability to successfully steward the company have been in sharp focus for years……

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lambertslunatics
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Patriot Scientific
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