A Change in Talis...ownerships??

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paylslyone

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A Change in Talis...ownerships??

posted on Jul 22, 2008 05:25AM

I am going to step out and make some assumptions... Last months letter we going buy an additional 8%... now we have moved this to ......."On July 31 we expect to close our previously announced plan to increase Patriot’s holdings in Talis Data Systems. Patriot will directly acquire the shares of Talis held by SSDI, provide a direct cash investment to Talis, and buy-out certain minority shareholders to increase Patriot’s direct holdings to more than 40%"

It seems that Talis needs addtional cash to ramp up.... My hope is a large contract is on the line... Why the change???

I have to say this the FIRST CEO that seems is doing somthing..... look @ the irons in multiple fires.... Rick you got my vote.....

PS The share price is even more importatnt now... as it goes up our buying power goes up!!!!

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