Re: ease

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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Sedley

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Re: ease

in response to

Re: sedley

ease2002

posted on Dec 08, 2006 05:21AM

I apologize should have said was not is.

From the 10QSB
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D06%252D050338%252Etxt%26filepath%3D%255C2006%255C11%255C28%255C&symbol=PTSC

The Company did not maintain effective controls over the identification of a variable conversion feature and put option embedded within its convertible debt instruments and the determination of the appropriate accounting treatment for those debt instruments.

How do you read this?

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