This is an update to my 10/7/08 post on what I think is potentially on the “October” horizon (or later) for PTSC. The info is based on CEO Rick Goerner’s statements, publicly available info, and some IMO which I will reference as such.

Still to do/upcoming:

v [DONE] Friday, October 10 PTSC 10K, covering quarter from June 1 – Aug 31, 2008. It was after the close, which is consistent with past history.

v [Pending] in Mid-October Crossflo Historical audited statements. Well, it wasn’t at the same time as 10K, but RG did state, “We expect to file with the SEC audited financial statements for Crossflo’s historical periods approximately at the same time that we file Patriot Scientific’s next 10-Q in mid-October.” Comment: Could come anytime now:

v [Late this week?] (IMO): Big Cohen Research Report (not a small update). Why not another report 1 year to the day of the first one? This is assuming they are still retained. We got the first one back on 10/16/07.

v Monthly Shareholder Letter #8: Comment (IMO): If he goes true to form, then RG releases one sometime around October 20-22 timeframe. I initially thought he might skip it in lieu of discussing at the Annual meeting, but I think all news/info will be shared to us before we shareholder attend the meeting.

v Thursday, October 30 – Annual shareholders meeting from 10 AM – 12 Noon PT (1PM - 3 PM Eastern) in Carlsbad, CA.

v Some Date in the Future: Significant USPTO action on one of patent re-exams. Comment (IMO): I failed to mention that in my last post, but frankly, I have given up on personally predicting when we will know something definitive. Big thanks to the shareholders that keep a vigilant eye on USPTO movement regarding our patents.

v Between October 8-December 31: Announce details about planned industry conferences RG will attend and present to through the end of the year. Comment (IMO). The end of calendar year is only 2 ½ months away. I think he obviously won’t inform us ahead of time if he plans (or has) more private meetings with current and potential future equity investors like he acknowledged he did in July. But, maybe after the fact.

v Some Date in the Future: Evaluate a “Textual Analysis and Search Software Company”. Comment (IMO): Mentioned as far back as the August Business Overview Presentation, and in Slide 10, 13, 14, & 15 of the September 2008 Business Overview. And as recently as the 10K release PR – healthcare and government – two different companies?

v Some Date in the Future: Further updates on IP expansion. RG stated in last SH letter, “We have held preliminary discussions with the developers of advanced networking IP technology for Digital Subscriber Line (DSL) applications."

v Some Date in the Future: Comment (IMO): Update the Website to reflect/include new direction. Also, how about some info about the companies we have stakes in (or a link to their website) or have joint ventures with, etc. I guess you could call this my pet peeve, but this is the first place most people look for company info.

v Shortly: New 2nd Fusion Center contract won by Crossflo: RG stated on 9/23/08: “…and has most recently won an additional state Fusion Center award which will be announced shortly. Comment (IMO): Crossflo should announce a 2nd Fusion Center contract shortly. Well, it has been 2 weeks……

v Mystery News before Annual SH meeting: Comment (IMO): We all wish we were flies on wall, could be another license, could be an acquisition, could be something I haven’t mentioned in here.

12 trading days until Annual Shareholder Meeting.

StormKing