Agoracom: Small Cap Investment - Mosaic ImmunoEngineering Inc. - Re: Taxes - I think its partially a legacy from S & L

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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Sedley

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Re: Taxes - I think its partially a legacy from S & L

in response to

Taxes take $4.3M compared to last year .163 on similar net income?

Cautious

posted on Apr 10, 2008 08:54AM

Remember the reclassified dividend?

It may be that the company took a tax hit in order to provide S & L withmore money in the form of the nontaxable dividend. But I think there were tax loss carryforwards last year too.

Also, I believe that the 10Q says we have a $4 million liability for Q4.

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