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: Work-in-process

At August 31, 2011, work-in-process consisting of recognized revenue on PDSG’s current contracts was $574,616 and invoices to customers were $452,256. At May 31, 2011, work-in-process consisting of recognized revenue on PDSG’s current contracts was $455,381 and invoices to customers were $424,800. These amounts are shown on our August 31, 2011 and May 31, 2011 balance sheets at net of $122,360 and $30,581, respectively, due to their immateriality.

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