question to specialist concnering S&L

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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s402005

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question to specialist concnering S&L

posted on May 19, 2006 05:54AM

Took this from RB:

By: docsocpsy

19 May 2006, 09:31 AM EDT

Msg. 141640 of 141655

(This msg. is a reply to 141637 by whatsthesymbol.)

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whatsthesymbol, what everybody happily ignores is the fact that S&L still have over 70,000,000 warrants. In order for PTSC to buy any existing shares back, they have to persuade S&L to reduce their current holdings(9.99%maximum)so as not to breach their holding stipulations. At what price?

Buying back shares ain`t going to be as easy as some think.

docsocpsy

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I don`t know much about warrants&co. Is this above correct?

Thank you!

S402005

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