Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Some positive notes on PTSC (for newer investors)....
PTSC remember is an OTC. BB company that has half of MMP patents, 28 licensees to date, Millions in the bank, very low overhead and great potential (IMO).
http://www.ptsc.com/news/index.asp
Recent News
2007-12-10
Alpine Electronics Purchases Microprocessor Patent Portfolio License
Click Here to Read.
2007-12-07
Lite-On Purchases Microprocessor Patent Portfolio License
Click Here to Read.
2007-12-06
WMS Gaming Joins List of Patriot's Microprocessor Licensees
Click Here to Read.
2007-12-03
Daewoo Electronics Purchases Moore Microprocessor Patent Portfolio License
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2007-11-17
TEAC Corporation Purchases Microprocessor Patent Portfolio License
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2007-11-02
Letter to Shareholders from Patriot Scientific CEO, Jim Turley
Click Here to Read.
2007-10-29
Patriot Scientific Welcomes Philips to List of Microprocessor Patent Licensees
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2007-10-11
Patriot Scientific Reports Q1 FY '08 Results
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2007-10-03
American Power Conversion (APC) to be Covered by Patent License
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2007-9-17
Clifford Flowers Named as Chief Financial Officer
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2007-9-10
Denso Wave Becomes 23rd Licensee of Patriot Scientific Patents
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2007-9-07
Patriot Scientific Licenses Microprocessor Patents to DMP Electronics Inc.
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2007-9-05
Letter to Shareholders from Patriot Scientific CEO, Jim Turley
Click Here to Read.
http://www.ptsc.com/news/press_releases/20071011.asp
CARLSBAD, Calif. - October 11, 2007 - Patriot Scientific (OTC Bulletin Board: PTSC) reported operating results for the first fiscal quarter ended August 31, 2007. At August 31 Patriot had $22.3 million in current assets inclusive of $20.4 million in cash and liquid investments. Current liabilities of $8.6 million include $7.7 million in income taxes payable that are expected to be remitted over the remainder of the fiscal year. The company has no long-term debt. During the quarter the company repurchased approximately 5 million shares of outstanding common stock and retired warrants representing another 2 million shares for a total of $3.6 million. During September and October the company repurchased the remaining 5 million warrants, thus retiring all remaining warrants held by Lincoln.
http://www.ptsc.com/news/press_releases/20071102.asp
Speaking of potential, I've said many times that Patriot is actively seeking to develop a second revenue stream. I want that business to be predictable, product-based, and profitable. Well, we're making good progress on that front. Throughout the summer months I've been meeting with several high-tech companies and, with our CFO and members of the board of directors, we've evaluated more than 30 different companies in different industries from small 3-person startups to established firms with over 100 employees. A few of the meetings were brief; others progressed quite well and we've started a second phase of deeper discussions with some of the better candidates. We're being very thorough in our evaluation, involving each of our board members in turn and tapping outside advisors when that's appropriate. Overall I'm very excited about the prospects for expanding Patriot and broadening our opportunities. I'll be sure to share progress reports as we move along.
glta
Tom
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