Patriot Scientific

The board has this right - most shareholders understand the importance of such a move and are waiting.

The normal means to adjust the stock price to meet listing requirements would be a reverse split of the stock. The board is not anxious to move toward a reverse split until it believes that:

1. The company has a reliable, long term opportunity for growth of
(less volatile) revenues, profits and shareholder value and,

2. A reverse split will not risk a reduction of the market
capitalization of the company.

Again, no definitive timeline has been outlined for considering
these actions, but I believe that the shareholders understand the
company's objectives, and perspectives, with respect to these possible actions.