Re: Letter to Shareholders from Patriot Scientific President/CEO Rick Goerner
posted on
Jul 21, 2008 02:48PM
Java
You have it spot on. I run a leading independent publishing company. We specialize and do well in our niche area (military history).
Last year, we diversified to add multiple streams of revenue (sports history, etc.)
We just closed the second of three equity deals to use other people's money to fund two different lines of titles.
RG, et. al, seems to be heading the train down the right track. Time will tell, and we could get blindsided again, but I like what he is doing, and I especially enjoy his candor and communication abilities. Trust me. Those simple attributes work wonders. We have dozens of authors and vendors we deal with all day long. It works.