Pohl applauded the licensing team for having produced seven licensing agreements in the first six months of 2006. He noted that this remarkable level of success has produced advice from Patriot`s attorneys and independent accountants that licenses are no longer extraordinary events for the company for which notice and information on Form 8-K must be filed with the SEC each time a license agreement is signed. Now that, in most instances, the requirements to file notices of license events with the SEC no longer apply, the result is that various contractual confidentiality clauses are now fully applicable and that exceptions to such agreements that were related to the SEC filing requirements are no longer available to the company.

``This means that the company finds itself in the difficult position of wanting to share the exciting details of license revenues at the time the licenses are announced, yet we are legally prevented from doing so,`` Pohl stated. ``As a result, investors expecting to learn the dollar amounts of revenues received by Patriot Scientific in connection with recent and future licenses will find that such information will be available only as included in regular quarterly financial statements filed by Patriot with the SEC.``

The first paragraph talks about ``licenses`` no longer being extraordinary events and not needing to be reported, and the second paragraph says they will no longer report ``revenues`` from future announced licenses. The difference is whether they`re required to report the fact that they have another licensee, and it appears they don`t. But the second paragraph implies that they`ll continue to report new licensees, but not the associated dollars. I`m a bit confused, as this is a mixed message. I`m hoping that the proper interpretation is that they don`t/won`t announce new licensees as they come, but only at qtrly reporting (meaning that there may be a bunch of new, unreported licensees about whom we haven`t a clue).

BTW, wasn`t there some date threshold re: J3/Toshiba mediation coming this Saturday? As I recall, some mediation kick-off requirement being postponed till that date as the parties were ``close``. Bueller?, Anyone?

Need the help, `cuz I KNOW nuttin`!

SGE