Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

Until you got the results. Let it play out. There is probably much more to it than just this initial turmoil. Remember our board only requested it, didn't participate, and hired someone with some obvious credentuals to perform it. I believe that going forward things will happen fast. Decisions like this should not just happen and linger with no plan for correction in place. The re-working of our company is probably being requested by our BOD, but the strategy is being performed by others, finally. This is what all have wanted, you just don't realize it yet. We all believe that with the recert a lot of money should be coming to our coffers and have been weary of our ability to handle it, and rightfully so, now changes have been made. Did you actually think the BOD was going to change itself? It is my contention that with the purchase of crossflo the board made a strategic mistake and has essentially planned its own demise. It will be too important to let these incompetents run the company. Their deficiencies will become all too obvious and change will be unavoidable. Once the Gov't gets involved it is a whole new ballgame.

JMO

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CenturyCom
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07/30/2005
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Patriot Scientific
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