Re: Exactly what did Felcyn say about PDSG?
in response to
by
posted on
Jul 09, 2010 10:56PM
the market wasn't impressed with any great tidbits in this most recent PR, since our bid remains in the .07s --- investors want results
This astute observation states precisely why the market wasn't impressed and trading remained flat - no results were announced.
With no results expected to be filed before mid-August (10-K), it is intriguing as to why there was an expectation for the market to react before these are known.
Similarly, it will not be before the end of September until it is known if the "highly impressive" CDX platform has been selected for use within the VA $12 billion T4 program.
Yesterday's PR was a shareholder update, and not a "results" statement, with which it mistakenly appears to have been confused for some reason.
On July 8, 2010, Patriot Scientific Corporation (the “Company”) issued a press release reporting the initial success of the go-to-market strategy for its wholly owned subsidiary, Patriot Data Solutions Group
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7355064
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Be well