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Microcap & Penny Stocks : Patriot Scientific - PTSC -- Ignore unavailable to you. Want to Upgrade?


To: Savant who wrote (8492)1/25/2011 10:50:56 PM
From: Savant  Respond to of 8581
 
Item 8.01 Other Events.

On January 24, 2011, Patriot Scientific Corporation (the “Company”) dismissed the action that it had filed on April 12, 2010, against Technology Properties Limited LLC (“TPL”) in San Diego Superior Court for breach of a $1 million promissory note. The dismissal was filed following TPL’s repayment of the promissory note.