Swartz Remarks. Eric Swartz arrived from Atlanta to accept an invitation to speak at the meeting. He is one of two principals in the financial group that began providing funding for Patriot Scientific in 1997 and continued to do so until the last convertible debentures were retired in 2006. They are the largest shareholder in the company, and he firmly stated that they have never shorted any shares or warrants of the company although they have the right to make investment decisions and sell shares like any other shareholder. Swartz was complimentary of the accomplishments of the Patriot directors and management in the turnaround of the company accomplished since 2005.

(April 27, 2007)

Lets guess who held enough Shares to benefit their Warrant reset price by "dumping", or being permitted to short the stock, and who made what % return on their warrants (converted and unconverted) from those "8 cents payments"

Couldn't the above be suggested of any of the 24 warrant holders, with the exception of S&L who categorically stated that they "never shorted any shares or warrants"?

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Be well