Thanks very much for your excellent discussion on this very important topic.
Before: Annual statement. Although we still believe our shares are undervalued, I strongly believe we can put that money to better and more profitable use elsewhere.
Sept 27, 2007
Patriot Scientific (OTC Bulletin Board: PTSC) announced today that the company has recently purchased shares of its common stock on the open market. The purchases were part of a previously announced program in which the company has said that it plans to repurchase shares of the company's outstanding common stock from time to time.
As you have aptly pointed out there is a different approach/emphasis this week. Although nothing is declared or is for certain on the mediation. This slight realignment of share buy back is a change that might indicate the CEO strongly believe we can put that money to better and more profitable use in PTSC.
This to me IMHO is a good sign !