UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 14A
                PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                            (AMENDMENT NO. 3)

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         14A-6(E)(2))

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[X ]     Soliciting Material Pursuant to  240.14a-12


                         COMPETITIVE TECHNOLOGIES, INC.
                (NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                   THE COMMITTEE TO RESTORE STOCKHOLDER VALUE
    (NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)

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The Committee to Restore Stockholder Value issued the following press release
on January 22, 2007:



                                                           For immediate release

                 COMMITTEE TO RESTORE STOCKHOLDER VALUE AFFIRMS
             MEMBERS OF CTT BOARD INVOLVED IN FEDERAL COURT CHARGES


AUGUSTA,  GA  (JANUARY  22,  2007)  THE  COMMITTEE  TO RESTORE STOCKHOLDER VALUE
announced  today  that  members of the current Board of Directors of Competitive
Technologies,  Inc.  (AMEX:  CTT),  based  in Fairfield, CT, are named in the US
District  Court for the District of Connecticut Civil Case - 3:06-00817 as being
allegedly involved in insider trading, failures in corporate governance and lack
of  fiduciary  responsibility  to  CTT  shareholders.

The  Committee  states  that in the time since the CTT Annual Meeting on January
16,  2007  at  the American Stock Exchange, current management has taken actions
that  the  Committee  believes  are  damaging  to  shareholders,  moot  and
unenforceable. The Committee believes that there was a quorum represented at the
scheduled  Annual  Meeting, more than 50% of shares outstanding, and that at the
Annual  Meeting the Committee had a majority of shares cast, which if the matter
had been presented, would have resulted in election of the Committee's nominees.

While  this  matter  is  subject  to  a  challenge, which will be adjudicated on
Tuesday,  January  23,  2007,  it  is  the  Committee's opinion that there is no
adjournment  of  the  original  meeting.  A  total of approximately 2.65 million
shares  have  voted for the Committee's slate, versus approximately 1.74 million
for  the  CTT  current  management.  Votes, of course, are subject to change and
newly  submitted proxy cards will revoke previously voted cards, so consequently
the  Committee strongly requests shareholders who previously voted WHITE to send
in  a  new  BLUE  proxy  to  support the Committee's nominees. Nevertheless, the
voting  totals  presented  so  far from ADP tallies clearly show an overwhelming
majority  of  shareholder votes support the Committee's slate on the BLUE proxy,
WITH  A  LEAD  OF 0.9 MILLION VOTES. Shareholders who have not yet voted, or who
want  to change to the BLUE-proxy Committee slate, can do so until the voting is
confirmed  as closed. Shareholders are reminded that only the latest dated proxy
counts and consequently for their vote to count on behalf of the Committee, they
must  send  in  a  later dated BLUE proxy. Anything sent on the WHITE proxy card
will  not  count  to  support  the  nominees  of  the  Committee.

Among  actions taken by CTT are those addressed in their press release issued on
January  19,  2007  at 7:30 AM ET. The Committee strongly believes that this CTT
release  is  misleading, politically motivated, and against the interests of the
CTT  shareholder.  The  implication  of  the release is that the Board-announced
planned  management  changes are imminent. In fact, it is entirely possible that
they  will  not take place for some extended period of time. Upon examination of
the  release,  it is obvious that Chairman Carver can remain on the Board for at
least another year, and that D.J. Freed will step down as President and CEO only
"as  soon as a successor has been identified and hired," and that he will remain
on  CTT's  Board  indefinitely, since no mention is made of resignation from his
Board  position.  The Committee also notes that none of the actions noted in the
release  are  enforceable  since  there  is  no  contractual  obligation and the
officers  would remain in place past the meeting if they are not removed. Please
vote  the  BLUE  proxy  to  assure  that  current management is ousted from CTT.

Shareholders  should  also  note  that  the  termination  of  Freed provides for
compensation  "as if a change in control had occurred." That would give Freed at
least  one  year of full salary and benefits, plus immediate full vesting of all
previously  granted  options.  Again,  all  at  the expense of CTT shareholders.

These  directors  have  also  taken  another VERY DETRIMENTAL action designed to
protect  themselves  from their own actions at Shareholders' expense. A Form 8-K
filed with the Securities and Exchange Commission (SEC) on January 19 by CTT for
"Entry  into  a  Material Definitive Agreement" states that on January 18, 2007,
two  days after the CTT Annual Meeting, the Board gave themselves and CTT's CFO,
Michael  Davidson,  indemnification  against lawsuits. Again, this is all at the
expense  of the shareholder. Indemnification is simply not needed or appropriate
if  they  performed  their duties properly, if they are not concerned about RICO
and  insider  trading  and  other  charges.  In addition, indemnification simply
cannot  be  legally  obtained  for  illegal acts. And absolutely not post-event.

The  Committee  reminds shareholders that until the proxy challenge is confirmed
closed  their support is urgently needed to stop this current Board from further
harming  the company and its shareholders. The current management and Board have
presided  over  the  appalling  decline  in  revenue  from $14.2 million to $5.2
million,  loss  of profitability from a profit of $5.7 million to a loss of $2.4
million  and the drop in stock price from over $15 per share to under $2.50. The
delaying  actions  of  the  current Board subsequent to the meeting have enabled
them  to  spend  even  more  shareholder money in an attempt to get elected. The
current  Board  has  spent  $9.6  million  during the last five quarters without
producing  any  visible  results  to  replace  expiring  patents.

The  Committee  advises  CTT shareholders that if they are dissatisfied with the
way  in which the Annual Meeting on January 16, 2007 was conducted, or any other
subsequent  action  by  current CTT management, they can register a complaint by
accessing  the  "File  Tip  or  Complaint"  section  of the Investor Information
portion  of  the  Securities and Exchange website, www.sec.gov, or send a fax to
202  772  9295.

It  is time for shareholders to make the current management and Board of CTT act
responsibly,  to answer to the shareholder owners in a proper manner. UNTIL THIS
ISSUE  IS  FULLY  RESOLVED, SHAREHOLDERS ARE REMINDED THAT THEY MUST VOTE ON THE
BLUE  PROXY  FOR  THE  COMMITTEE'S  SLATE OF DIRECTORS, FOR THE VOTE TO COUNT IN
FAVOR  OF THE COMMITTEE'S NOMINEES. ANY VOTE ON THE WHITE PROXY DOES NOT SUPPORT
THE  COMMITTEE'S  NOMINEES.

THE  ONLY WAY TO STOP THE CURRENT BOARD IS TO VOTE THE BLUE PROXY IMMEDIATELY ON
LINE  (WWW.PROXYVOTE.COM)  OR  BY  PHONE  (1-800-454-8683).

The  Committee  believes  that  the  extensive  qualifications of their slate of
candidates will return to CTT substantial business experience in CTT's business,
a  successful  track record in managing growth, and serious management expertise
through  a  legacy  team.  The  Committee  urgently  asks for support of the CTT
shareholders,  advisors  and  brokers  to restore CTT to profitability, to drive
growth  and  to  increase  shareholder  value.

More  information  on  the  Committee's  proxy  filing  (DFRN14A,  filed  by
non-management  on  December  26,  2006)  is  available  at  the  SEC  website,
www.sec.gov, under company filings. Any questions can be addressed by contacting
the  Committee.

Contact:     John  Derek  Elwin  III
Tel:         561  789  6449
Email:       restorevalue@yahoo.com