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It's a matter of perspective of course.... These words stood out for me!
in exchange for the potential of explosive growth.
Unfortunately, with PTSC this seems to be more of the key...
Penny stocks are very risky speculative stocks issued by companies with short or erratic performance histories. These stocks are so named because they sell for under $5 per share. Their low price appeals to investors willing to assume a total loss in exchange for the potential of explosive growth
Patriot Scientific Corporation Announces Retention of Dominion Harbor as Licensing Agent for MMP™ Portfolio
CARLSBAD, Calif., October 13, 2014 -- (PR Newswire) - Patriot Scientific Corporation (OTCQB: PTSC) today announced that its joint venture Phoenix Digital Solutions (PDS), has entered into an agreement with Dominion Harbor Group, LLC (DHG) to provide licensing and enforcement services to the Moore Microprocessor Patent (MMP) PortfolioTM.
"I am extremely pleased to announce that PDS has engaged Patriot's selection for an additional licensing company to represent the MMP Portfolio," stated Cliff Flowers, Patriot's Interim CEO. "We are excited to have DHG's world-class talent and depth of experience on our team, and believe their skills provide an excellent opportunity for the revitalization of the licensing program."
"In July Patriot announced that PDS had entered into an agreement paving the way for the engagement of a second company to secure licenses to the MMP Portfolio," stated Carlton Johnson, Patriot Board member and its appointee to the PDS Management Committee. "Today's announcement represents the fulfillment of that important effort."
"We are excited to help PDS build on the strong licensing history of the MMP Portfolio," said Dominion CEO David Pridham. "Given its established value, we call on future licensees to promptly engage in productive licensing discussions."
I hope it has a " and they lived happily ever-after" ending:)
I wouldn't count on it. At this point it would take a miracle.
Wow! You're not paranoid - they ARE out to get you!
You are correct! They absolutely are out to get you/us. This is another great one.
The Big Short: Inside the Doomsday Machine
http://www.amazon.com/The-Big-Short-Doomsday-Machine-ebook/dp/B003LSTK8G
No regard for the mainstream investor. It's all about the rich getting richer.
For all intents & purposes we're pretty much done at this point!!! I really hope I'm wrong, but all arrows are pointing in that direction!
I think you're right. The stock closed yesterday at $0.045. Management is non existent. The BoD is repulsive. At this point, it will take a major miracle to turn this thing around. I think it's pretty clear that the BoD and Leckrone are letting it run itself into the ground and they will go on their merry way with full pockets.