Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: Heard we might be on their radar.

Based on their track record, I don't trust the capability, judgement or decisionmaking of Carl, Gloria or Cliff to make any business deals that would truely result in the best interest of Shareholders; especially when it might lead to the loss of their own ongoing personal cash cow positions.

If this BOD had any good investment sense or serious concern for the negative ramifications of the lousy capitalization structure they've maintained, they would have already announced Tender Offers or Dutch type Offers of up to a running 1/3 of our cash position, and start soaking up whatever shares are available at these 10, 11, 12 or cent prices.

Doing so would publicize confidence in the legal outcome, remove these cheap shares from day trading influences, and significantly reduce the float by upwards of 10%, or far more if they did a few. The effects of a Tender would be magnified in the stock's activity immediately, and especially down the road if Dividends ever actually did become a formally adopted policy of the company.

It's clear to me that this BOD puts little value in buying back company shares, because our Buyback program has been extremely anemic over the past 4 years, and in some quarters I don't even think they did ANY buybacks. Besides, with such small volume and little liquidity in the stock, there is no opportunity to acquire enough shares to make a significant difference

It's outrageous that the BOD pays themselves $45,000 each month come hell or high water, and that's not counting Cliff's undeserving descretionary 6 figure bonuses, YET, they won't put to effective use strategies which are proven and appropriate means to remove shares from the marketplace and enhance the desirability of stock ownership; both of which benefit Shareholders in a non price appreciating share environment.

PTSC is a one horse pony, we likely have this one good shot left to be seen as a viable company by both investors and Infringers going forward.. Bet to win, bet on ourselves, don't hold onto those few company millions that won't make any difference should the legal outcomes go against us. Do something clearly positive for Shareholder's interests, unless of course you'd rather keep those few millions in the bank to guarantee your paychecks keep flowing should the ruling be negative.

CLIFF, do a decent sized Tender Offer .. if you don't know how, ask someone; and I don't mean whomever you've been listening to over the last 4 years as our CEO.

Share
New Message
Please login to post a reply