Hmm.... this is interesting

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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lambertslunatics

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Hmm.... this is interesting

posted on May 04, 2010 07:07PM

SEC Rule on Audit Committees:

Audit committee members must be barred from accepting any consulting, advisory or compensatory fee from the issuer or any subsidiary, other than in the member's capacity as a member of the board or any board committee.

PTSC Audit Commitee in 2005 and still today:

Our Audit Committee has been established in accordance with Section 3(a)(58)(A) of the Exchange Act, and is currently comprised of: Gloria H. Felcyn (Committee Chair) and Carlton M. Johnson, Jr.

From the 2005 10K

In the first quarter of fiscal 2006 cash payments that aggregated $170,000 were made to certain of the Company's board members in connection with their efforts in the consummation of the TPL and Charles H. Moore Agreement.

I recollect reading those cash payments went to Pohl, Johnson, Felcyn, and Falk.

Since those "efforts" were not for being a board member or board committee member, I'd have to assume they were for some kind of consulting, advisory or compensatory fee from the issuer.