I wonder if Swartz was allowed to vote his warrants last year? Knowing this company and the manner in which they hold Swartz in esteem, he was likely permitted to cast votes using warrants

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CARLSBAD, Calif. -- October 11, 2007 -- Patriot Scientific reported operating results for the first fiscal quarter ended August 31, 2007. At August 31 Patriot had $22.3 million in current assets inclusive of $20.4 million in cash and liquid investments. Current liabilities of $8.6 million include $7.7 million in income taxes payable that are expected to be remitted over the remainder of the fiscal year. The company has no long-term debt. During the quarter the company repurchased approximately 5 million shares of outstanding common stock and retired warrants representing another 2 million shares for a total of $3.6 million. During September and October the company repurchased the remaining 5 million warrants, thus retiring all remaining warrants held by Lincoln.

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Are you trying to create FUD by raising a non-event?

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Be well