Re: (Pete) To Pete Lozano/Milestone/Wol...
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posted on
Aug 17, 2010 04:06PM
The Proposal states that “Ms Analisa Lozano would like to nominate Mr. Pedro Lozano, Jr. as a Director for the Board of Directors of Patriot Scientific Corporation.”The Proposal may be properly omitted from the 2010 Proxy Materials because the Proposal relates to an election of the Company’s 2010 board of directors (the “Board”).Under the proxy rules, a company is not required to include a shareholder’s proposal that nominates himself to that company’s board of directors.
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