"Due to the extent of the Company’s M&A activities, and with the advice of Counsel, Patriot Scientific management, officers and directors have been in a “blackout” period since the ending of Patriot Scientific’s fiscal year (May 31, 2008) and will remain unable to trade in Patriot Scientific’s stock at least through the release of the next filing of the Company’s 10-Q and the issuance of the historical audited financial statements for Crossflo, expected in mid-October."

I still don't understand, why they needed a "blackout" period, why did Legal tell them to restrict theirselves from buying (or selling)? The Q1 didn't tell something extraordinary (at least the market doesn't see 1Cent/share as an extraordinary event...;-)) and I wonder, if the Crossflo numbers NOW can be that earth shattering (not speaking about what they can be in the future).

Thus my question is:

If Legal tells them to do so, could it be, because management "knows" NOW, what will be in the FUTURE?

But then the next question is:

Why don't they tell us, what they know NOW?

And therefore my assumption is:

Because they are still not interested in a higher shareprice at this moment - I always think about the job of IBIS since August (looking for new investors) and wonder, if one of their arguments for a new investor could be, to step in PTSC BEFORE a certain event/time at bargain prices...

As mostly, just speculation, while nothing positive happens.

GLTA