Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
I blame DL
over 10 years ago
5
4
13
2
in response to SGE1's message

had to sign off on the JV proposition, but it was all negotiated and already effectively a done deal at that point. It also included the 5 (?) person Rancho Santa Fe group, and anyone else who bought debentures.

I'm not completely certain because it was quite some time ago, but I believe at that time Lowell Giffhorn was even taking Credit Cards payments over the phone from anyone wanting to buy debentures.

I didn't more fully answer in my initial post because I was half way out the door, so sorry about that. Anyway, the only compensation that may have been unofficially tied to those folks going along with the presented deal, was dividends on Warrants; that was the sweetner.

Please login to post a reply
Biajj2too
City
Rank
Treasurer
Activity Points
4951
Rating
Your Rating
Date Joined
07/23/2012
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post