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: From PTSC 10-K) Cash and Cash Equivalents (Note in Bold)

What do they mean "our financial institution"? Do they own it? I wouldn't think so but the wording could indicate that they own it it because it says it is theirs. Also what interest rate are they getting on this money? If it is not way above rates that are insured and paid here is the US what is the point ( what is the purpose?).

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