Yes he did say they were going to buy all the warrants.

You've probably also seen our July 24 press release announcing that we're retiring all the outstanding warrants held by Lincoln Ventures. This eliminates the last of the warrants Swartz and Lincoln have held since becoming long-term supporters and shareholders of Patriot Scientific. I'm grateful to them for the support they gave the company when times were bleak. Now that we're through that period, I felt it was time to retire any remaining obligations and put the final polish on our balance sheet.