What is on the immediate horizon for PTSC?

The info written here is based on CEO Rick Goerner’s statements, publicly available info, summary observations/info obtained from shareholders who attended (huge thanks for sharing obs/notes - kidd, dellbrid, huntington, theinformer, docepg, marc, et al) the Annual Shareholder Meeting on Oct. 30, and some IMO stuff that I would like to see which I will reference as such.

Upcoming:

Ø Done [Today, 11/14/08 or Monday 11/17/08] - Crossflo Historical and Pro Forma Financial Statements.

Ø [Soon] End of Blackout Period for Insider Transactions– Per RG in 9/23/08 SH Letter: “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”.

Ø [Before Thanksgiving]: Monthly Shareholder Letter #10 - Comment (IMO): He has been averaging close to one per month. Last one was Oct. 23, so the trend suggest that we will see the next shareholder letter towards November 20 or 21st. Perhaps he recaps the details of the annual shareholder meeting since he had promised such in paragraph number 2 of the 10/23/08 SH Letter. The presentation posted on the PTSC does not qualify as that was posted due to running behind on time in annual Meeting.

Ø [November 2008]: New Investor Meetings in San Francisco

Ø [Shortly]: Dutton Full Research Report on PTSC – As mentioned in Dutton summary Section of their 10/14/08 PTSC update – they said it was to be issued “shortly”. Well, we are one month later,…..

Ø [Early December]: European Road Show-New Investor Meetings

Ø [Before Year End]: Resolution of MOU for Iameter – Apparently, it will be an all cash transaction, and RG stated it will be resolved (one way or the other I presume) by year’s end.

Ø [December 2008]: HP-Crossflo Webcast – 200/7000 (Corrected, previously had said 700) hospitals participating

Ø [Within next month or so?] (IMO): Big Cohen Research Report - I thought I had read somewhere that RG planned to pay Cohen again but not for sure on that. Still, I think it is a good idea. We got the first full Cohen Research Report one back on 10/16/07 and the last Cohen Update on 7/18/08.

Ø [Within a few calendar quarters]: Significant USPTO action on one of patent re-exams. Comment: Resolved within “quarters” per someone’s ( one of the Leckrone’s) statement at Annual shareholder meeting.

Ø [Some Date in the Future]: Resolution on Evaluation of a “Textual Analysis and Search Software Company”. Comment (IMO)- Is this evaluation over yet? Mentioned as far back as the August Business Overview Presentation, and in Slide 10, 13, 14, & 15 of the September 2008 Business Overview. Any resolution here?

Ø [Some Date in the Future]: Further updates on IP expansion. RG stated in last SH letter, “We have held preliminary discussions with the developers of advanced networking IP technology for Digital Subscriber Line (DSL) applications."

Ø [Some Date in the Future]: Comment (IMO): Update the Website to reflect/include the non-MMP source of revenue direction. How about a webpage listing the companies/subsidiaries we have stakes in (with links to their websites) or have joint ventures with, etc. The other company websites have PTSC mentioned (For ex: Crossflo). My pet peeve, but this is the first place most people look for company info.

Ø [Shortly, but Overdue]: New 2nd Fusion Center contract won by Crossflo: RG stated on 9/23/08: “…and has most recently won an additional state Fusion Center award which will be announced shortly. Comment (IMO): Crossflo should announce a 2nd Fusion Center contract shortly. Well, has this been announced, did I miss it? It has been 7 weeks since- is that still defined as “shortly”?

Ø [Sometime]: ARS Update - (IMO) Its been awhile, PTSC have a better idea when that money gets better freed up?

Ø [January 2009]: Host Conference Calls starting in January 2009 for Q2 FY ’09 results. Big improvement from last January when a PR about results wasn’t even issued. Only a 10-Q last January 9, 2008. RG suggested he may have some kind of forward guidance on (near-term?) Crossflo numbers by then.

Ø [29 days and counting]: Another MMP License

All, I am sure I missed something, but this list sure is getting more challenging to compile. A good thing, I believe.

Best wishes to all.

StormKing