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: Proxy ...Milestone

Proxy ...Milestone

posted on Jan 30, 2010 01:44PM

From PTSC SEC filing:

Under certain circumstances, stockholders who qualify under applicable SEC rules are entitled to have us include stockholder proposals in our proxy statement for presentation at a meeting of stockholders. We intend to hold our next annual meeting of stockholders in October 2010. A qualifying stockholder who desires to have his or her proposal included on our proxy card and included in our proxy statement for the next annual meeting of stockholders must submit such proposals to us in writing no later than June 1, 2010. Proposals received by us after such date will be considered untimely. Stockholder proposals should be directed to the attention of the Corporate Secretary, addressed as follows: Patriot Scientific Corporation, Mr. Clifford L. Flowers, Corporate Secretary, 6183 Paseo Del Norte, Suite 180, Carlsbad, CA 92011. The submission of a proposal does not guarantee that it will be included in the proxy statement or proxy. Stockholder proposals are subject to certain regulations and requirements under the federal securities laws.

So the questions are, what is a qualified stockholder and what exactly are the regulations and requirements under the federal securities laws that would prevent a stockholder proposal from being included in that proxy statement? All the more reason to hire an SEC attorney who knows the answers to these questions and can guide us to a guarantee that our proposal will be included.

Laurie

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Jan 30, 2010 02:33PM
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