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

Free
Message: Did they actually sell something?? read it three times still unclear...

Did they actually sell something?? read it three times still unclear...

posted on Oct 25, 2005 03:36AM
``Product sales amounting to approximately $10,000 were also recorded in the three month period ended August 31, 2005 in connection with communications products that are no longer marketed by the Company. Inventory associated with the sales of these communications products is carried at zero value and cost of sales is therefore zero. Total sales of communications products for the three month period ended August 31, 2004 amounted to approximately $2,500.``.....

They recorded cost of.....``related to the purchase of components and supplies for Ignite related product development and support amounting to approximately $2,000.``

It appears to me they sold $7500 worth on Ignite products.... @ cost of $2000.... anyone..... This would be their first sale!!!!!

Share
New Message
Please login to post a reply