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: "I am very excited about the opportunity...

"I am very excited about the opportunity...

posted on Feb 09, 2009 09:43PM

...to build on Patriot’s past successes and hope, that in the coming months, you will come to share that excitement with me as well."

For all those, who think I'm unpatient and give RG not enough time: The above cited sentence was from his April 08 letter and so far nothing seems to have made the shareholders excited enough to prevent the incredible shareprice erosion from more than 70% since his start.

Interesting, that since October 08 he's no more speaking of excitement about PTSC's future - all what is left is "...building a “new Patriot” with solid future growth and profitability."

Don't get me wrong: In times, where the MMP seems to be unable to cash in, it's better to have the Holocoms, Talis and Crossflos, which bring in some Cents to allow the company to pay half a million to RG and some hundreds of thousands to the BoD.

But these engagements are no reason to make me excited about PTSC's future - and that's the main reason, I'M not happy with RG's work so far. His first year with PTSC was my worst year with PTSC...and if some of you speak of patience: Do you mean the patience of years or decades...;-)?

GLTA



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