From the SHL from a few weeks ago....I don't see how anyone at the company..exec. or BOD can say anything other than they've made public...
"The Company is currently unable to repurchase Patriot shares in the market at this time due to the same blackout period that currently prevents insiders from stock transactions, but we previously engaged in a share buy-back program until the last quarter of 2007. Both the buy-back and dividends were significant because, to our knowledge, no other bulletin board companies have ever taken such actions."
and confirmed from Ken at Hawk...
"..My question is.does this mean the company cannot continue it's announced
buyback program of the stock also till then,.."
Yes, it is confirmed; Pursuant to the following:
"..In addition, consistent with applicable securities laws and Patriot's insider-trading policy, the company's directors, officers, employees and consultants who have knowledge of the terms of settlement are restricted from trading in PTSC shares until after the company's quarterly financial reports are publicly filed next April.."
