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: Re: business partnership
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Dec 18, 2007 04:06PM
According to the SEC "any loss or gain of a material customer or contract" is a reportable event.  Registrant's Business and Operation Item 1.01-Entry into a Material Agreement.  According to 17 CFR Parts 228 229 240 and 249, the preamble discussion outlined sets forth notice of the parties to the agreement, a brief description of the agreement, the rights and obligations of each party that are material to the company, any material condition to the agreement becoming binding or effective, and the duration of the agreement and any material termination provisions.  Comments by the SEC at the time of the proposed ruling stated "because we believe that agreements can be material for reasons other than the monetary amount involved, we propose to require disclosure under this item based on 'materiality' standard and do not propose to tie the disclosure to a financial measure".  I believe they have two days to disclose.  Ray Be, Special Counsel or N. Sean Harrison, Special Counsel, Division of Corporation Finance, US Securities and Exchange Commission, Washington, DC (202)942-2910 are given as contacts. 

Dec 18, 2007 05:29PM
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