Re: lambertslunatics...b... re:outstanding unexcercised warrants
in response to
by
posted on
Jun 20, 2007 09:45AM
big...from Q3 report
At the end of the quarter Patriot Scientific had $22,756,330 in current assets that included short-term investments and over $15,388,002 in cash and cash equivalents. Current liabilities of $3,724,956 included $3,000,000 earmarked as an expense to be paid May 1, 2007 related to a settlement of a dispute. The company has no long-term debt. In another favorable development, approximately 34,700,000 warrants have been exercised to acquire shares of the company's common stock in the period from June 1, 2006, through March 12, 2007, leaving a balance of approximately 18,000,000 unexercised warrants outstanding at April 20, 2007.
http://www.ptsc.com/news/press_releases/20070424.asp
hope this helps.