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: Does this make any sense?

Does this make any sense?

posted on Jan 04, 2008 03:34AM

The company's recent success is a result of a promising joint-venture formed in June, 2005, with the TPL Group. Alliacense, a TPL entity, manages the commercialization of this jointly-owned patent portfolio. Initial licensing efforts generated approximately $100 million in total license fees through the third quarter of calendar 2006, of which $38 million was received by Patriot since the first license was signed in 2005.

http://ptsc.com/corporate/index.asp

Our revenues declined from approximately $10,310,000 for the fiscal year ended May 31, 2006 to approximately $639,000 for the fiscal year ended May 31, 2007. Our revenue amounts do not include approximately $27,848,000 and approximately $48,965,000 in income resulting from our investment in Phoenix Digital Solutions, LLC for the fiscal years ended May 31, 2006 and May 31, 2007, respectively.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001019687%2D07%2D002542%2Etxt&FilePath=%5C2007%5C08%5C14%5C&CoName=PATRIOT+SCIENTIFIC+CORP&FormType=10%2DK&RcvdDate=8%2F14%2F2007&pdf=

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