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: I have confirmed this with my sources close to PTSC
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First:



"To now suggest that TPL/PTSC were so afraid of validity being decided by a jury that they folded on the eve of the trial and settled for nothing other than bearing their own respective costs, at what would appear a substantial loss, makes me think of Aesop or the Brothers Grimm."



And then:



"I humbly suggest that any decisions should be based on what is both known, and, more importantly, independently verifiable.".



Which is it?





You decide:



For good cause, this Court hereby approves the Stipulation for Dismissal and Orders that the remaining claims among these parties shall be dismissed, with each party bearing its own costs and attorneys' fees. Plaintiffs' claims are hereby dismissed with prejudice and Defendant TAEC's counterclaims are dismissed without prejudice.

http://www.agoracom.com/ir/patriot/m...





Investment in Affiliated Company/License Agreement, continued
Condensed Statements of Operations

2007
2006
Revenues
 $
20,933,000
 $
41,549,000
Operating expenses
13,598,760
4,271,666
Operating income
7,334,240
37,277,334
Interest income
112,585
212,648
Net income
 $
7,446,825
 $
37,489,982
Condensed Statements of Operations

2008
2007
Revenues
 $ 48,851,970 $ 67,788,985
Operating expenses
 16,334,021 7,295,104
Operating income
 32,517,949 60,493,881
Interest income
 177,281 309,308
Net income
 $ 32,695,230 $ 60,803,189
During the nine months ended February 29, 2008, TPL entered into licensing agreements with third parties, pursuant to which Phoenix Digital received aggregate proceeds of $48,851,970. During the nine months ended February 28, 2007, TPL entered into licensing agreements with third parties, pursuant to which Phoenix Digital received aggregate proceeds of $64,869,000. License proceeds of $2,920,000 relating to an additional license agreement signed in February 2007 were received in March 2007. Phoenix Digital recorded this amount as a license receivable.
Be well
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