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Message: ok, the votes are in...

Re: Placentaboy(and FutTheWuk, for reference - smiley)

posted on Jan 19, 2008 01:45PM

Business Plan. The Board of Directors is currently evaluating alternatives     
suggested by my vision of the company conducting future operations structured   somewhat like a holding company. Picture a diagram resembling an umbrella, with
Patriot being at the peak collecting streams of revenue that flow upward to it 
from divisions, subsidiaries or joint ventures that would be represented by the
beads or modules at the tips around the edge of the umbrella-like diagram. One 
of those modules already exists in the form of P-Newco and the licensing       
activities now being conducted by the TPL Group.                               

Apart from the rights in the Patent Portfolio licensed to P-Newco, Patriot still
retains certain rights in the portfolio and complete rights to commercialize our
Ignite(TM) and Array products. That business could be another module, either as
a division or perhaps as a joint venture with a suitable partner willing to    
invest in the future of those products. Later, other revenue-producing modules 
within a defined focus of criteria might be added through product development, 
acquisitions or joint ventures as might be warranted by time, circumstances and
available resources. A couple of possibilities have already been given a very  
preliminary review by management, but no near-term action on them is currently 
being anticipated. We may continue to evaluate opportunities that may exist with
small or underfunded companies that may have unique, compatible products or    
proprietary technologies to add to our portfolio. All of this would be         
consistent with my personal goal, subject to Board approval, to have Patriot   
become a company that is not dependent on a single product line for revenue.   

Communications. The Company will be looking at a possible rebranding and       
relaunch of its corporate image and portfolio of products in the future in     
accordance with any new business plan strategies. Based on the revised plan    
under consideration by the Board, our public relations firm will be revising its
PR plan strategies and tactics to get the word out to an expanding number of   
media outlets including trade publications, business newspapers, radio and     
television. We have a fresh, exciting story to tell, and the more we can get it
before the public as well as industry audiences, the more likely our business  
should benefit and, although our lawyers require me to say there can be and are
no assurances, the more likely the value of our shares may increase.           

A few of our objectives will be:                                               

o     Boost awareness among local San Diego and Silicon Valley business media, 
as well as among the local financial community, that Patriot is a  
    visionary technology solutions provider offering innovative products and
services for a wide variety of industries.                         

o     Boost awareness among regional and national trade media, industry market 
    analysts, prospective customers and partners by successfully introducing
and promoting all existing and future products                     

o     Create media placements that can be used in cross-promotional marketing -
as a sales piece or published on the Web                           

As part of my open communication to our shareholders, this letter will be sent 
as frequently as we have information of value to you. It may summarize public  
press releases and statements, inform you of things in between major news      
releases and filings, and -- in compliance with SEC requirements -- will also be
posted on our Website and publicly disseminated to the investment community.   

I welcome your feedback. Although I wish I could answer every one of our       
shareholder's calls, letters and emails, many of which I receive daily, it's not
physically possible without diverting my attention from business operations    
focused on our goal of creating added shareholder value. Also, taking time to  
communicate on a one-to-one basis with individual shareholders is often        
unproductive, for I spend much time explaining that no matter how much I might 
like to answer all their probing questions, in order to comply with applicable 
securities laws I cannot divulge certain information to one person unless at the
same time it is publicly disclosed. To help assure our shareholders that they  
will be heard, I have set up an email address at patriot@attentiongroup.com    
which will be monitored and forwarded to me on a regular basis. I will make my 
best effort to see that your questions, compliments, concerns or complaints are
addressed in a timely fashion.                                                 

There is much demanding work to be done in setting Patriot on course and       
managing the company with appropriate systems and procedures. We are making sure
our company will be prepared to function effectively in its exciting new mode  
while also operating in compliance with the added layer of post-Enron laws and 
regulations that are consuming costly time and resources of large and small    
publicly-held companies all across the country.

You have my assurance that the new management team is approaching its role     
enthusiastically, with a positive attitude toward shouldering the added burdens
of compliance and a determination to do our best to produce added shareholder  
value to merit your confidence and support.                                    

Thank you for your attention and for your continued confidence in Patriot!     

Sincerely,                                                                     

David H. Pohl                                                          
Chairman and CEO                                                       
Patriot Scientific Corporation

http://www.secinfo.com/d12TC3.znJa.c.htm

 

 

Holocom being the second addition. Slow, yes, but progress is being made.

 

 

Be well

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