From the recent press release. True or not ...time will tell
As part of this process, we evaluated a number of opportunities and we believe
that the technology platform at Mosaic has the opportunity to create
tremendous shareholder value." said Carlton Johnson, interim president and
interim chief financial officer of Patriot.
......."We appreciate the thorough approach that the board of directors at Patriot took in considering strategic alternatives and we feel that this union has the potential to create significant value for stockholders of both companies
moving forward." stated Steven King, president and CEO of Mosaic.
https://www.bloomberg.com/press-releases/2020-08-24/patriot-scientific-corporation-and-mosaic-immunoengineering-inc-enter-into-definitive-merger-agreement