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: Forget share buyback

Forget share buyback

posted on Jan 10, 2008 07:22AM

It drains cash and at this point only averages down our Losses on previous buys. What's our avg. ..close to .62? What  company is going to want a lot of our shares, based on our past performance?  We need cash, and lots of it. Markets a mess, Goldman sees recession coming. Cash will be far more valuable to us, imo.

Biggest surprise of 10q for me was the overwhelming support for all board members. Johnson fairing worst with less than 20mil. against. Seems we are stuck with them.

 

 

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