DOWN GOES FRAZIERRRRRRRRRRR!!!!!!!!!!

Sorry couldn't help myself. I would like to expand on your 8K thoughts. Why would the lump sum vs. royalty be material considering it was factually known to be an option? I'm not sure that would constitute a material event. Like many other rules in life, the SEC's requirements may be black and white but, there is always a subjective nature in deciphering the information at hand. How many times during ownership of any particular stock have you seen the company say, "based on legal counsels advice....blah, blah." So the reality is one never will know if the event is legally material unless someone challenges it. It sounds like a broken record but we are talking about Patriot. It reminds me of the old warrants issue, the company made damn sure they DIDN'T go out of their way to make it public. Material event vs. non-event, unless someone takes issue with it, compliance is in the eye of the beholder. IMO.