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Message: Re: To BaNosser..

May 25, 2007 11:31AM

May 25, 2007 04:51PM

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May 28, 2007 07:52AM

This might where the confusion is coming from. In the “Open Letter” from Pohl dated 08/04/2005, Pohl announces Brian as Patriot’s first shareholder representative, as well as states that Patriot is reactivating the Advisory Board, and that Brian will occupy one of the seats on the Advisory Board. His role IMO is simply to make sure management understands our concerns as shareholders. Based on the last two SHM’s, I would say he has done a fine job. IMO we will know if management is listening once the 10K is released. If warrants are close to or completely converted, than they have been listening. JMO GLTAL<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

 

  

“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 <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />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.”

 

 

 

http://www.ptsc.com/news/press_releases/pr20050804.pdf


May 29, 2007 05:09AM

May 29, 2007 07:31AM
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