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: Questions for Accountants- Treasury Stock. 2 questions--

Questions for Accountants- Treasury Stock. 2 questions--

posted on Nov 29, 2007 03:57AM

On the Balance Sheet it for last quarter it will show eg. ($11,558,000 ) as Treasury Stock. the previous quarter was $8,000,000

1. This value is to the total accumulated cost that PTSC that paid for all the share buy back correct ? We can't see the market value for this treasury stock correct?...only ptsc knows since on the books it accounted as a cost at the time/pps of purchasing the shares correct.....

2. Also, is a company required to file an SEC filing if they re-sell back some of the shares or retire them? Or can they just do it whenever they want??

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