Patriot takes very seriously its requirements for full SEC compliance with respect to all matters of corporate governance and disclosure. In fact, Patriot has broadly pursued voluntary releases of information beyond the SEC requirements this past year. For example, the release of all my shareholder letters, the announcement of both the Iameter and Vigilys asset purchases and even the release of individual MMP license signings are not required disclosures under SEC regulations. Patriot, under the guidance of its SEC counsel, has taken all steps deemed appropriate to insure transparency with respect to its business activities
http://patriotscientific.com/index.php?option=com_content&task=view&id=220&Itemid=29
No matter what is said, there will always be a cohort for whom nothing will ever be sufficient disclosure and they will take every opportunity to bemoan this.
Kudos to Goerner for giving more information than required, but I wouldn't blame him if, as a direct consequence of the piffling minority, he reverts to the statutory minimum.
Be well