And this goes a long way into determining if chatroom banter has any effects on companies or their stock price.

This excerpt indicates PTSC's management takes chatroom FUD seriously.

DABOSS

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Plan to improve investor relations (IR) and public relations (PR)

It is my objective to continually improve the quality, uniformity and responsiveness of our communications to shareholders, potential investors and the marketplace. Since joining Patriot in February, I have reviewed the Company’s IR and PR practices, expenses, shareholder feedback and, at the same time, anticipate Patriot’s future needs for corporate communications on a broader scale. Through the end of July we will begin the transition of our IR and PR to a new organization.

Effective August 1, 2008, we will bring the handling of shareholder inquiries ‘in-house’ with a dedicated resource here in the Carlsbad office. This way Cliff, Paul and I can provide uniform direction and improve responsiveness, and the quality of response to shareholder inquiries. As a result of this plan, we are parting ways with both the Hoffman and Hawk Associates agencies effective July 31, 2008. I want to thank both groups for their past support, but feel it is in the best interest of Patriot that we move in another direction with respect to our IR and PR efforts.

We plan to engage a new IR firm, shortly, to drive a more proactive investor relations program aimed additionally at new equity fund investors, both in the US and abroad. I expect to launch this effort in late September of this year.

We have begun planning for the annual shareholders meeting. The preliminary date for the meeting is October 30, 2008.

I’d also like to clarify that many of you were also under the mistaken impression that Patriot has continued to sponsor postings, and the monitoring of postings, by Agoracom for a fee. We have taken steps in the last month to clarify that with Agoracom and the site no longer references that point. In fact, Patriot did not extend its participation beyond the original 2007 trial period.

I cannot, of course, control what information you choose to read, or accept as factual, about Patriot (though I had hoped to provide, within the limits I am able, much of that information to you in letters like this one). We cannot comment on all the messaging out there, nor will we comment, specifically, on conspiracy theories, accusations of wrongdoing, manipulation of the stock or any other unfounded allegations.

I hope this letter has provided you with some additional insight into the status of key initiatives at Patriot and that I have answered some of your questions. I look forward to your comments and additional questions.

I believe that we are making good progress with respect to our plans and that we are truly expanding the company’s business potential. I look forward to your support during the transition ahead and remain excited about the opportunity to build a strong future for Patriot Scientific.

Sincerely,

Rick Goerner

President/CEO

Patriot Scientific Corporation