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 bankerson's message
"I am thinking positive about this picture. I mean who has been buying all these shares?"

Softbank? Leckrone? Swartz? Chuck Moore? It would be beneficial to a lot of people to buy in, consolidate and take PTSC out of the frame. That was quite possibly what was behind the attempted reverse split. All it takes is about a million dollars split 10 ways at $0.005 a share ($100,000 = 20,000,000 shares = 5% roughly) to quietly keep under 5% each, then consolidate the 50% +1.
Please login to post a reply
shboomer
City
near Los Angeles
Rank
Treasurer
Activity Points
4984
Rating
Your Rating
Date Joined
10/23/2007
Social Links
Private Message
Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
Shares
401,392,948
Industry
Technology & Medical
Website
Create a Post