Patriot Scientific

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

over 9 years ago

in response to ntp8's message

No big deal. It's a typical ploy by greedy management. Issue yourselves new options at a near-bottom price and let the ones you already hold (at $0.10 I think) lapse. Absolutely no tax consequences until an option is exercised and increases their chance of a profit. Does nothing for real shareholders financially.