Re: 10-Q - Preferred stock
in response to
by
posted on
Oct 16, 2014 07:38PM
..."Would rather see Cliff do 20 years in a prison where someone will make an honest woman"..
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I believe that you are misplacing the blame for our sorry predicament.
I believe that the two CPA's that are on our BoD do not have the gumption nor the ability to direct the Patriot efforts,,, or lack of same..
I firmly believe that the helmsmen who are making decisions for Patriot are Carl Johnson,---who is employed by Eric Swartz---and DAN Leckrone---Self employed---.
The two CPA's are followers,, NOT leaders..
There was an arrangement made,,way back when, before Cliff was even working for PTSC
Way before Rick Goerner was CEO, Which sealed Patriot's fate..
CJ got rid of Goerner because he was sharp enough as well as GUTSY enough to try to slice off a slab of the "FAT HOG," that was in fact the MMP income flow..
After that CJ et al, decided that they needed to be sure that the CEO, was amenable to "THEIR" vision of Patriot's future. After apparently being assured that Cliff would NOT disturb the status quo Cliff was made interim CEO and given a HEFTY BONUS, in return for acquiesence, in THEIR efforts..
Unfortunately the slick machinations were kept within, ":LEGAL" if NOT "ETHICAL"parameters. OR so it seems...
As a result of these Three-way authored decisions, EJ reaped a disproportionate and what would normally be called an outrageous portion of the MMP derived income..
With a steady stream of propaganda contributing to the scheme by ANYLIST.,
In return CJ has not opposed any move by DL, that would help DL to enrich himself at the Shareholders' expense.. If he had, he would have joined EG in the penalty box..
In MY opinion the foregoing is a succinct and accurate recap of the SALIENT EVENTS that have befallen Patriot Scientific Corp..
Not a pretty story, EH?