"2) Patriot Scientific has a relatively low number of shares outstanding

Companies with a low number of shares outstanding are advantageous because shareholder value has not been diluted. Also, companies with low outstanding shares are often more explosive relative to companies with a large number of shares in the marketplace.

A low number of shares outstanding means a tighter float and, consequently, a smaller marketplace for a stock. Since share prices are determined by supply and demand, a sudden increase in buying will likely overwhelm the number of sellers and result in an upward price surge."

Hi fatwollit and deb,

thank you both for bringing this to our attention.

After searching for Davis Jones Research I'm not sure, what to make of them - there's not much about this company in the web.

Nevertheless I agree it's an interesting new sight at 600mio shares, to say at least...

For those shareholders, who hold since 2000/2001 it's a slap in the face, to speak about the low number of shares and therefore no dilution.

But because we want to strengthen the positive trend from last week (;-)), I look at it from a optimistic side:

If the company makes hundreds of millions revenue and profit, then 600mio shares is indeed not that much.

We don't know more of RG's plans than the Iameter deal, maybe his plans are much bigger than we think.

I hope so!

GLTY