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: Re: Work-in-process
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Oct 17, 2011 04:58PM

WIP requires expense. My question to PDSG, and implicitly to the PTSC BOD, would be "At what point in time do you calculate that LDSG cumulative net income (receipts less costs including receivables, loans etc) will turn positive, i.e. your cumulative net profit turns positive, as does cash-flow?

Unfortunately my guess is that "shutting the doors" would lead to litigation for non-delivery of contracted services and deliverables, which is why they need to find a buyer. Maybe if the original owners (or a management buy-out) took it back, including assets and liabilities, for $1 everyone could breathe a bit more freely.

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