Patriot Scientific

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

Cowardly virtual shareholder meetings, and silent treatment aside, WHEN are you going to provide some value to shareholders?!

Certainly, even in your own minds, you can't believe you've done anything of the sort over the last 8 years, DESPITE all of the positive results from the USPTO and the Court System, not to mention $100M in Gross MMP revenues.

Still, at some point, as Directors and Managers, you have to have a plan for stewarding a public company, and like any plan, there has to be time targets for success and/or milestones exhibiting failure.

Are you simply the proverbial blind squirrels hoping that you'll find a nut somewhere along the way? Surely, you can communicate a strategy, with benchmarks to show success and or failure.

Are you really that arrogant and disdainful that you don't feel you owe shareholders more than SEC Compliance (though even that is questionable)?

At the very least, have your private calls with your shareholder apologists and have them get the message out for you. Be a little embarassed for yourselves, and do something other than rob the treasury each month. While I realize you're all close to retirement age, even the $5M left will go fairly quickly at the rates you're gobbling it up at the trough.

Please login to post a reply
lambertslunatics
City
Rank
President
Activity Points
22114
Rating
Your Rating
Date Joined
06/18/2007
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post