There's plenty of blame to go around, including Mr. Goerner, all be it a very small portion that should be directed his way. This company should be sitting back on cruise control, hunting M&A targets and developing current acquisitions. Our fate was sealed the moment the first divy went out the door. I'm not sure how anyone, at this point, doesn't understand or believe the amount of influence Eric Swartz is wielding over this company. When I read about people like Allen Stanford along with so many other influential "has beens", it is upsetting to me as an investor knowing that in reality we all know very little. Gcducks post is yet another example of the rampant nepotism engulfing PTSC investors and all the unanswered questions that we are faced with.

With many top executives seeing their pay reduced, it is hard to fathom how any PTSC officers or BOD members could continue receiving their astronomical fees/salaries. We've entered into uncharted economic territory. We laid off half our work force last week, at my place of employment. I really believe most Americans are unaware of how dire the situation is becoming. The old phrase, "Hope for the best, plan for the worst", is the best analysis of PTSC's current dilemma. That one in a million economic scenario just came true and Patriot Scientifics past/some current mgmt/BOD made sure the company WASN'T in the best position possible. We are currently witnessing an economic tsunami that most consumers really can't digest. I've been in the steel business long enough to have seen severe ups and downs but this is very different and far reaching. I'm fortunate to work for a company that is debt free with capital in the bank. We run a very conservative operation that serves us well in good times and helps us survive in bad times. The problem is, this time truly is different. It is rapidly becoming a challenge for those companies, with capital, to chart their next move.

The global economy is a funny thing. It works well for everyone when times are good and the money is flowing but, start turning that spigot off and watch the fighting and protectionism begin. I believe PTSC's and TPL's battle has become infinitely harder. Everyday that thousands more people, globally, are laid off is another brick in the wall building around Patriot, IMO. I understand the rule of law and patent enforcement but trying to pull tens of millions out of infringers will now be very difficult IMO. These companies are literally hemorrhaging cash. There will be very little sympathy for companies like PTSC and TPL. I have come to the conclusion that I will either 1) not be getting my investment back or 2) it will be several more years before we realize any kind of gains. I'm not looking to be a downer but this situation has now grown larger than just waiting on USPTO results. We are truly facing some uncertain times and I'm pissed that Eric Swartz and company made sure we WEREN'T ready for them. IMO of course.