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: House cleaning? Maybe, but...

House cleaning? Maybe, but...

posted on Jan 11, 2010 09:34PM

These two statements appear incommensurate:

the continuing inability of PDSG to meet its business plan were indicators of potential impairment on our goodwill and intangible assets. Accordingly, at November 30, 2009, management obtained a third party valuation of PDSG’s goodwill and intangibles from Vantage Point Advisors, Inc. Based on the results of the valuation, it was determined that goodwill was impaired by approximately $1,096,000 and intangibles were impaired by approximately $3,530,000. We recorded these as impairments of goodwill and purchased intangibles on our condensed consolidated statements of operations for the three and six months ended November 30, 2009

PDSG's technological innovation is backed by subject matter expertise and proven methodologies, facilitating the rapid exchange of actionable data

This makes me wonder not only if there is a "swell" of MMP Portfolio licenses in the pipeline against which to offset the impairments, but also who might be willing to partner a "clean" PDSG for the bargain price in the region of $2,000,000?

Additionally, why has Eclat Consulting, LLC been given "free billing" on the PTSC pr?

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Be well

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