Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Marketable Securities
From 10-Q Page 5
Does anyone know what these "marketable securities" might be and who is in charge of buying them and selling at a loss?
Investing activities: 6 months ended November 30 .................................2012 .............................2011
Purchase of property and equipment ................................($1,240 ) ...........–
Proceeds from sales of marketable securities ......$2,753,793 ........$1,264,005
Purchases of marketable securities ....................($3,709,000 ) ....($2,549,000 )
Investment in affiliated company ..................................($857,809 ) ...........–
Distributions from affiliated company ..............................$625,000 .............–
Net cash used in investing activities ....................($1,189,256 ) ....($1,284,995 )
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