Agoracom: Small Cap Investment - Mosaic ImmunoEngineering Inc.

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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Something I don't understand

manor27

Sep 08, 2008 04:07AM

Re: Something I don't understand

fatwollit

Sep 08, 2008 05:51AM

Re: Something I don't understand....fatwol...

manor27

Sep 08, 2008 06:43AM

paylslyone

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Re: Something I don't understand....

in response to

Re: Something I don't understand....fatwol...

manor27

posted on Sep 08, 2008 06:48AM

FYI

Offshore banks often offer higher interest rates... & btax adavanteges..(company would still have to cliam income... income off the income would be better)

Sweep Account

	A bank account that, at the close of each business day, automatically transfers amounts that exceed (or fall short of) a certain level into a higher interest earning investment option. Commonly, the excess cash is swept into money market funds.

	In a sweep program, a bank's computers analyze customer use of checkable deposits and "sweep" funds into money market deposit accounts. This is done to provide the customer with the greatest amount of interest with the minimum amount of personal intervention. That said, sweep accounts were originally devised to get around a government regulation that limited banks from offering interest on commercial checking accounts. Now, some brokerage accounts have similar features that enable investors to gain some additional return for unused cash.