2008-11-20 Letter to the Shareholders of Patriot Scientific Corporation from President/CEO Rick Goerner on Business Update

"That said, Crossflo has invoiced initial revenues on several key projects within the government agency, state law enforcement, healthcare (in conjunction with Hewlett-Packard (HP)) and other public sector applications, such as a large statewide court system. It is the potential of these and follow-on opportunities, the strength of the HP partnership, and the initial traction Crossflo has achieved at an early stage of public sector and healthcare data sharing, which provided the basis for our valuation of the Compan"

I would have to say that Gov't funding for some projects dried up after the great economic melt-down of Oct. 2008.