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: Milestone-SEC attorney

When you are right, you are right.

You Said: "Perhaps a new fund, P.L.O.P - Pete Lorenzo's Other Plan, could be established to meet the costs of consulting a lawyer experienced in the field of SEC Regulations?"

I absolutely agree with your idea that a fund could be established to meet the costs of consulting an SEC attorney. More importantly, I believe that it absolutely SHOULD be established and sooner than later. Rather than consult that attorney on matters relating to nominating a new board member, perhaps we might ask for an examination of SEC filings: For Example in the DEF 14A (Proxy) filing from March 6, 2006 it states:

As of March 6 there were 349,926,038 outstanding shares. It also states that Swartz/Lincoln were the beneficial owners of 35,543,977. Wouldn't that make them owners of more than 9.99%?

Whose responsibility is it to monitor such things, the shareholders or the BoD? While we have this attorney reviewing things, he/she may want to look at the agreement with Swartz which was concurrent with the MA, followed by the reset agreement which barely preceeded the company's decision to issue two dividends which had never been done before in the history of the company.

Also, why was PTSC not required to obtain approval for the contribution of the license rights to the JV LLC from the shareholders or anyone other than warrant holders?

Be well,
Laurie

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