PTSC reagiert auf das naked short selling, welches vermutlich von berlin ausgeht. wenn wirklich von berlin aus ns betrieben wird (ist in den usa ja mittlerweile verboten) könnte das helfen:
Patriot Scientific Demands Immediate Delisting From Berlin-Bremen Stock Exchange via COMTEX
August 17, 2004
SAN DIEGO, Aug 17, 2004 /PRNewswire-FirstCall via COMTEX/ --
Patriot Scientific Inc. (OTC Bulletin Board: PTSC), a developer and owner of core microprocessor technologies, announced today that it has demanded an immediate delisting from the Berlin-Bremen Stock Exchange in an attempt to prevent trading practices that are illegal in the United States.
Patriot Scientific said the company's stock was listed on the exchange last March by a German broker without the company's knowledge or consent. Initially, the company believed the additional exposure on a European exchange would possibly be useful in broadening exposure for the company's activities. Since then, however, there have been numerous reports in the media that some stock traders may attempt to use the Berlin-Bremen exchange to manipulate stock prices and avoid the SEC regulations that forbid activities such as naked shorting. Patriot Scientific said it instructed the German broker to immediately remove the company's common stock from this exchange.
An investment profile on Patriot Scientific may be found at http://www.hawkassociates.com/patriot/profile.htm .
About Patriot Scientific
Patriot Scientific is an intellectual property company developing and marketing innovative and proprietary semiconductor technologies into the fast- growing handheld wireless and smart card markets. The company's portfolio of patents encompasses what is believed to be fundamental microprocessor technology and includes additional patents pending to protect its technology and architecture. For more information, please visit Patriot Scientific online at http://www.ptsc.com
For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, email: info@hawkassociates.com. For Patriot Scientific information, contact Lowell Giffhorn at (858) 674-5018. Detailed information about Patriot Scientific can be found on the website http://www.ptsc.com. Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may be found on the websites http://www.hawkassociates.com and http://www.hawkmicrocaps.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.
SOURCE Patriot Scientific, Inc.
Lowell Giffhorn, CFO, Patriot Scientific, Inc., +1-858-674-5018; or Frank Hawkins, or Julie Marshall, both of Hawk Associates, +1-305-852-2383, or info@hawkassociates.com, for Patriot Scientific, Inc.
http://www.ptsc.com |