Re: 10Q.... Warrants outstanding...--BaNo... ads

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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sdlittle

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Re: 10Q.... Warrants outstanding...--BaNo... ads

in response to

Re: 10Q.... Warrants outstanding...--BaNo...

ads123

posted on Jan 17, 2007 11:44AM

"Cashless basis" suggests to me that the cost associated with the conversion was equivalent to the difference between number of warrants and shares, or 272,500 shares. If my math serves me right, that means the total cost for conversion was $0.012/warrant.