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 BaNosser's message
The fur is really flying but the revelations in these docs are troubling. It seems PTSC's Carlton Johnson, our representative on PDS, did not aggressively pursue bringing back a third member. But then it also says Leckrone didn't either, and it leaves a belief that Leckrone would never have approved a candidate CJ might propose, and probably vice versa. So maybe CJ didn't feel it was worth the effort. Neither of these two should be allowed to run a janitor service, let alone a multi-million dollar business.

However, the apparent failure of Carlton Johnson to pressure Leckrone on a third member would seem to be detrimental to PTSC. What's the point of paying CJ extra to attend PDS "meetings" if he doesn't enforce the fundaments of the PDS constitution?

I wonder if anyone at the SEC is reading all these documents? If not, why not?
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shboomer
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near Los Angeles
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Patriot Scientific
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