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: The net-net of using our cash to buy back shares

The net-net of using our cash to buy back shares

posted on Apr 03, 2005 08:23AM
Is that we have to go back to Swartz/Lincoln to get cash to fund daily ops. Their sweetheart deals almost tipped (and still may tip) this company over the edge. And while the deals kept the company afloat, they killed sharehoder value. I`d rather not go back to that.

Buying back shares would create a bigger loss to the shareholders. Who wants that?

Now about that extra 20 million.

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