Post by
M139 on Oct 14, 2006 9:22am
Patriot has filed reports
Available on their web site now (www.ptsc.com) and here on Monday. Bottom line is their May,2006 year end posted NET income of 29 million. That was before signing on 4 or 5 more licenses. There current quarter year end should be fantastic and will be filing those October 23.
Net income of 29 million on revenues of 35 million, talk about low overhead.
Looks like they are on track for a good run...
Comment by
resman on Oct 17, 2006 10:13am
I agree; the report is extremely intersting. You would think the stock should be on it's way to testing new highs rather than dropping over 30%.
I guess we will have to wait untill the big boys are finished playing with it so it can run to it's potential.