U.S. GOLD CORP. — Director's Dealing 2008

May 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2008-05-07

Reporting Person: Freeman John (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-07	Options (05/07/2008)	$3.2	A	150000	Acquired	2018-05-07	Common Stock (150000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (10/14/2005)	$6.42	2010-09-14	Common Stock (6000)	6000	Direct
Options (09/13/2006)	$4.7	2011-09-13	Common Stock (8000)	8000	Direct
Options (09/27/2007)	$3.33	2012-09-27	Common Stock (8000)	8000	Direct

Footnotes

F1: Options had been granted to the reporting person in consideration of the reporting person's service as President and Chief Executive Officer of the company. Options had been granted at an exercise price equal to the closing market price of the common stock on the date of grant. Options become exercisable as follows: 37,500 shares on November 7, 2008; 37,500 shares on May 7, 2009; 37,500 shares on November 7, 2009; and 37,500 shares on May 7, 2010.