Re: 1Rare1--1Rare1

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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milestone

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Re: 1Rare1--1Rare1

in response to

Re: 1Rare1--milestone.

1Rare1

posted on Oct 29, 2007 04:03AM

The problem for PTSC is that most of the issues concerning shareholder discontent are self inflicted. I read every one of David Pohl's letters. I really felt like the company was ready to launch. He spelled out in great detail his vision of this umbrella company etc, etc. In retrospect it almost sounds like a great P&D scam. How can people feel 100% secure when PTSC keeps changing the rules? Pohl spelled out those plans as if they were ready to launch. His letters were well written and clearly intended on giving the impression that something was about to happen.

Protracted litigation and USPTO re-examinations happened. Plus the rate and value of licenses decreased. It would have been totally foolhardy for PTSC to continue with plans based on prior figures and a complete dereliction of fiduciary duty to shareholders. The plan is progressing based on current information with the benefit of actual settlements.