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Rick vs. Cliff

Rick Goerner

President and Chief Executive Officer


Patriot Scientific Corporation


Carlsbad , CA

Sector: TECHNOLOGY / Communication Equipment


Officer since February 2008

61 Years Old

Rick Goerner became our President and Chief Executive Officer on February 29 2008. He has extensive experience as an operating manager and CEO with technology companies on a global scale. He served as President and COO of the Storage Products Group of Texas Instruments a one billion dollar supplier of mixed signal and analog integrated circuits for the hard disk drive market. From February 2002 to March 2006 Mr. Goerner served as President and CEO of TransDimension Inc an Irvine California based venture-financed technology start-up company providing embedded Universal Serial Bus (USB) silicon and software solutions to a global customer base. TransDimension was acquired by Oxford Semiconductor in 2005. Mr. Goerner has recently been involved in the development of other early stage technology companies serving as a Technical Advisor as Executive Chairman as a member of the Board of Directors and in the capacity of Interim President and CEO.

Compensation for 2008

Salary
$66,508.00

Bonus
$83,000.00

Restricted stock awards
$0.00

All other compensation
$0.00

Option awards $
$153,849.00

Non-equity incentive plan compensation
$0.00

Change in pension value and nonqualified deferred compensation earnings
$0.00

Total Compensation
$303,357.00

Options Granted

Grant
Date
All other stock awards (# of shares of stocks or units)
Number of securities underlying options
Exercise
or base
price
Percent of total options granted in fiscal year
Grant date fair value of stock and option awards
See More

02/29/2008
-
-
$0.40
0%
$86,818.00

02/29/2008
-
-
$0.40
0%
$274,972.00

02/29/2008
-
-
$0.40
0%
$472,462.00

Clifford L. Flowers

Chief Financial Officer and Secretary


Patriot Scientific Corporation


Carlsbad , CA

Sector: TECHNOLOGY / Communication Equipment


Officer since September 2007

51 Years Old

Cliff Flowers became our Chief Financial Officer on September 17 2007 and is Secretary of the Company. Prior to that date and from May 2007 Mr. Flowers was the interim CFO for BakBone Software Inc. working as a consultant on behalf of Resources Global Professionals Inc. From June 2004 through December 2006 Mr. Flowers was the senior vice president of finance and operations and CFO for Financial Profiles Inc. a developer and marketer of software for the financial planning industry. Prior to joining Financial Profiles Mr. Flowers served as CFO of Xifin Inc. a provider of hosted software services to the commercial laboratory marketplace. Prior to Xifin Mr. Flowers served for nine years in positions of increasing responsibility at Previo Inc. a developer and marketer of various PC and server-based products including back up and business continuity offerings. As CFO of Previo Mr. Flowers' global responsibilities included all financial operations and legal affairs. He earlier served as an audit manager with Price Waterhouse LLP. Mr. Flowers is a graduate of San Diego State University with a B.S. summa cum laude in Business Administration with an emphasis in accounting and holds a CPA license in California.

Compensation for 2008

Salary
$160,096.00

Bonus
$0.00

Restricted stock awards
$0.00

All other compensation
$2,856.00

Option awards $
$62,530.00

Non-equity incentive plan compensation
$0.00

Change in pension value and nonqualified deferred compensation earnings
$0.00

Total Compensation
$225,482.00

Options Granted

Grant
Date
All other stock awards (# of shares of stocks or units)
Number of securities underlying options
Exercise
or base
price
Percent of total options granted in fiscal year
Grant date fair value of stock and option awards
See More

09/17/2007
-
-
$0.45
0%
$220,899.00

almost 15 years ago
How about a 100M decrease in OS before shareholders meeting!


Regardless of what others think I have no interest in an increase in shares, for any reason. I have been in this stock for a long time and deserve a pay day, TODAY...


Rick will have to do some real selling to convince me this is the road to higher SP. No, I'll just go ahead a state that he can't convince me. How much different can this be than the Swartz ordeal? It's the same effect on retail shares no matter who is selling into every rise in SP.


For those of you who say we should keep our mouth shut as to sucker in new buyers, oh yes, that mode of thought has worked well to this point.


Value will increase the SP not anything written on this board, stated by the BOD or Rick himself, only value will increase the SP. Show me a deal that new buyers see as an undeniable opportunity to make money by buying this stock not another maybe we make money at some point.


I'll not argue that if we share holders can't stop this increase anyway, then yes, we shouldn't be discussing it here but, then we are screwed anyway, right. Yes, I think so..


Rick show me .75 and then we discuss giving you more credit to work with. Or let's make a deal, relinquish your salary until we reach .75 and at that point you can have the extra credit.


Who am I kidding, we can't stop this.....if I understand it correctly we retail shareholders don't have enough votes to prevent it.


I vote NO regardless!


The first one that tells me to sell gets kicked in the liver. I've lurked and kept my mouth shut for a long time, had to get some release.


GLTA whatever happens.




















about 16 years ago
Avot Media Launches tipMotion

Avot Media Launches tipMotion With the Highest Number of Simultaneous Streams in the Mobile Industry

SUNNYVALE, Calif.--(BUSINESS WIRE)--Avot Media (www.avotmedia.com), an innovator in real-time video streaming to mobile devices, is announcing the release of tipMotion, a mobile video formatting and streaming appliance that eliminates image breakup and buffering. In a successful test from a single appliance, tipMotion handled 500 live video streams via a single RTSP feed. Additionally, the tipMotion appliance can support 1,500 simultaneous Video-On-Demand streams. This volume and scale from a single appliance has never been achieved before, marking the beginning of a new era in mobile video delivery tools.


This breakthrough comes as welcome news to content owners who need to broadcast their mobile video (both live and as video clips) to a high volume of users simultaneously, said DeWayne Nelon, CEO of Avot Media. We are thrilled to be able to accommodate the volume that mobile video delivery demands.


Using tipMotion, simultaneous live streams can be delivered with dynamic bit rate and quantization adjustments one of the first solutions utilizing this capability on live streams. tipMotion supports a wide range of streams for various types feature phones and smartphones, leveraging both HTTP and RTSP streaming protocols.


To see tipMotion in action, go to: http://www.avotmedia.com/tipmotion


About Avot Media, Inc.


Avot Media is an innovator in near real-time streaming and video delivery to web-enabled mobile devices. Avot Medias solution allows users to play any web video on any web-enabled mobile device in near real-time with a high-quality image. tipMotion is a high performance video transcoding and streaming appliance that allows content owners to easily format and deliver their web video content. Founded in 2006, the company is led by industry veterans, and is headquartered in Sunnyvale, California. For more information, visit www.avotmedia.com.


Avot Media, Avot Media logo, and tipMotion are registered trademarks of Avot Media, Inc. All other trademarks are the property of their respective owners.

about 16 years ago
Bluewing1
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