Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Repost by Bearcub on RB: I for one agree with what he's posted. Not selling!!!!
| What to make of this news... "The Board of Directors has endorsed this reorganization of the Company with the intent of providing a new generation of leadership that will transform Patriot and its wholly owned subsidiary, PDSG, into a more innovative, integrated and GLOBAL company." ....This paragraph seems to be an approval of the PDSG acquisition.. While not happy with some of the details of the acquisition itself. ..."The changes being made are intended to accelerate the transformation of the PDSG acquisition and enable a FASTER implementation of its strategic direction." ...Nothing in this release, in my opinion,is critical of the PDSG, acquisition,per se...But does indicate to me that there may have been some, less than candid disclosures during the acquisition process. ..[Which don't seem to be hindering the PDSG momentum..] ... "The Company will seek management with appropriate industry expertise to accelerate that growth. In that regard, the Company has retained Eclat Consulting LLC of McLean, Virginia to assist the Company in its search for a Chief Executive Officer and to assist PDSG with the completion of its business plan and the ........ACCELERATION of its REVENUE STREAM. .... Additionally, the Board expects to receive a FAVORABLE, independent technical assessment of PDSG's flagship Crossflo DataExchange® product (CDX) within the next two weeks". This news while certainly a shocker,,is NOT an OMEN of doom... AS for the MMP,prospects,, It looks like the funds to accomplish the above plans will be forthcoming from that source..IMO.. There may be a RUSH to the EXIT next week,However I won't sell. In fact if the S/P drops enough I will increase my position.. Aside from these management changes that have been made,, the MMP/PDSG,situation is exactly as it was yesterday.. And will be on Monday.. Remember how many jumped ship,when the original '336',rejection was issued...[And we know how that turned out,,don't we??] All those shares that were dumped, were bought up immediately.. Peace.. |
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