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: Spin, spin, spin away..........

Spin, spin, spin away..........

posted on Nov 12, 2009 10:26AM

Buried in the middle of the PR is a not so subtle piece of information. If MMP licensing fees have picked up dramatically,as Alliacense implies, this is a poor choice of wording. It's sounds very desperate.

"PTSC based its decision, in part, on preliminary recommendations from its consulting partner, Eclat, and the need to preserve cash resources."

If this is merely cost reduction because the investment won't yield a positive return, they certainly didn't need to add the quote listed above. The fact that they mentioned a 40% reduction in PDSG expenditures would have sufficed. Every company has a responsibility to protect it's capital. They don't run around telling the world about it. This line sounds ominous and is a very poor choice of words.

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