Spotter57 / Re: showing 20-25 milion from Apple..? .. The question becomes/
posted on
Nov 20, 2013 04:29PM
Read slowly and next time quote the entire relevant portion from David Pohl's letter:
Advisory Board
We will be reactivating Patriot's Advisory Board within the next 30 days with a renewed focus and some new faces. In order to have the benefit of input from the perspective of our shareholders, we are initiating a new policy of having a shareholder representative occupy one of the seats on the Advisory Board.
It is a pleasure to announce that Brian Boyajian, Esq., has agreed to serve during the initial term as our first shareholder representative. Mr. Boyajian is a California attorney and active PTSC investor whose communications have demonstrated a definite care and concern for the best interests of PTSC shareholders. He has shown a willingness to express his opinions in an objective and articulate fashion even when his views may differ from those of management or the Board of Directors, and we look forward to benefiting from his participation. To help achieve a synergistic diversity of input that will work to the benefit of the company, other members of the advisory board will also be selected to serve on the basis of their technical, business or financial industry expertise.
In addition to reactivating the Advisory Board, we will be considering the addition of one or two new members to the Board of Directors. Candidates with strong credentials and experience in either the microprocessor industry or investment banking, among others, will have qualifications that will be high on our list.
So, do you have any idea what that means now that you've read it slowly? Do you understand what a Shareholder Representative to the Advisory Board actually is? Do you understand what an ADVISORY BOARD is and what function/power it has in a corporation? Do you have any idea how PTSC's Advisory Board functioned, how many meetings it had, who the other members were, etc.? Do you understand that what Brian has discussed regarding getting someone to legally represent sharehoders since has nothing to do with this position?