Re: few are selling ... PTSC is just buying back rest of warrants

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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Re: few are selling ... PTSC is just buying back rest of warrants

in response to

few are selling ... PTSC is just buying back rest of warrants

plyd

posted on Sep 26, 2007 09:02AM

The warrants may be redeemed in quantities not to exceed 2,000,000 warrants in the first two calendar months and 3,000,000 in the last calendar month, at a price equal to the product of (a) the volume weighted average of the daily volume weighted average prices of our common stock for all trading days in the applicable calendar month, minus the exercise price of the warrant, multiplied by (b) the number of shares being redeemed from that warrant.