<The Board of Directors has endorsed this reorganization of the Company with the intent of providing a new generation of leadership that will transform Patriot and its wholly owned subsidiary, PDSG, into a more innovative, integrated and global company.>
I'm going to assume that the underlined is not just pure BS. Not sure what needs to be integrated or how, but just how in the heck are we going to become more innovative and global w/o some significant capital infusions? Is the BOD again assuming a continuous flow of huge licensing fees? They already got burned once. Would they do it again? Or is there something else that will accomplish the underlined more expeditiously? I'm thinking the latter.
Like others here, I will be hunting for some cheap shares next week.
GLTA, Opty