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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Message: It seems to me that

It seems to me that

posted on Jan 16, 2007 10:00AM

everyone is looking for the quarterly to save us or to in some way stop us the bleeding. IMO unless there are some dynamite numbers included I don't see the quarterly as some big savior if its released today or tomorrow or whenever. This is not to say that I do expect quarterly's on time! Investors have figured out that the MMP has value and it will continue to generate revenue on a non-recurring basis as long as it's not defeated in court. What investors are now looking for is what will PTSC's management (actually BOD because they are management) do with MMP generated revenue. So far IMO they have mismanaged the MMP revenues generated to date. 1) They gave out most of our cash in the form of dividends 2) They repurchased stock at a price that is now almost half its value 3) they have given themselves non performance related options at shareholders expense. For those of you who say hindsight is 20/20, its not. I and a few others had brought up arguments to these decisions as soon as they were made but as always some just swept these concerns under the rug and continue with the "management knows what they are doing" attitude. The BOD has had many opportunities to display competence over the last 18 months. IMO its long overdue for them to be held accountable for their mismanagement. We really don’t know what's going on from the inside but from the outside it sure reeks of blatant mismanagement.

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