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Message: Re: GKRichard / Re: My 2 cents on the R/S discussion - Milestone and B-Lunist
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Jan 08, 2009 01:25PM
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Jan 09, 2009 05:57AM

Milestone -

You're correct, PTSC doesn't look a lot like PSTI - but they actually do have one thing in common: They're both not ready for an RS. Patriot does not have steady income with it's new ventures - yet - and the MMP is still under scrutiny. It was horrible for Pluristem's shareholders to execute an RS and it would be horrible for Patriot shareholders if Patriot executed an RS. You would undoubtedly see the same type of carnage in the SP if there was an RS with Patriot. Bottom line: Patriot is a long way off from "being ready" for an RS.

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