So here is part of the letter. The first part is now an action rather than a probability. I have highlighted the portion of the letter that I hope will become reality as did the first part. GLTAL

On July 31 we expect to close our previously announced plan to increase Patriot's holdings in Talis Data Systems. Patriot will directly acquire the shares of Talis held by SSDI, provide a direct cash investment to Talis, and buy-out certain minority shareholders to increase Patriot's direct holdings to more than 40%.

Pre-production samples of Talis' Datagent multi-domain hardware unit have been assembled and, after testing and design validation, Talis expects to begin sampling to customers late this summer. Talis projects initial revenues later this year through an expanding network of system integration partners such as Synnex and Arrow.

As previously reported, multi-domain interconnectivity among various government agencies is Priority #1 for the Homeland Security Agency. The Talis unit's security capabilities have been tested and validated by the NIST/NSA National Information Assurance Partnership (NIAP) Validation Process at an EAL 4 assurance level.

Patriot's 46% investment in SSDI, a manufacturer of secure cabling enclosures for security installations, also targets government and defense agencies. SSDI's products are marketed under the Holocom Network's brand and SSDI is forecasting continued growth and profitability into fiscal 2009.

Patriot has also presented and accepted a term sheet to acquire, in exchange for cash, nearly 20% of a networking provider of software to facilitate the transfer of video content to mobile devices. The term sheet outlined a small initial investment (which we have recently funded) and a second, larger, tranche that is subject to additional due diligence which we expect to complete by the end of August. Industry projections indicate that video-enabled handsets will increase from less than 5% today to more than 70% by 2011. We believe the company has differentiated technology and has recently contracted field trials with several major international carriers that will be launched before the end of 2008. I will provide more information on this opportunity in future updates as we move through the due diligence process. The company's technology is a direct hit in our target to pursue software, wireless and networking technology.