No such message found

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: Likely PTSC Headlines/Happenings in the next 2 1/2 weeks

Likely PTSC Headlines/Happenings in the next 2 1/2 weeks

posted on Aug 12, 2008 01:30PM

Reminder ----Some expected PTSC Headlines over the next 2 1/2 weeks or next 13-15 trading days:

1) Earnings (Likely After the Close) on August 14th ---- 10K's 4th Quarter (Mar 1 - May 31, 2008) and Annual (June 1, 2007 - May 31, 2008).

2) PTSC announces nearly 20% stake in a networking provider. Per 7/21/08 Shareholder Letter, Patriot has also presented and accepted a term sheet to acquire in exchange for cash, nearly 20% of a networking provider of software to facilitate the transfer of video content to mobile devices. The term sheet outlined a small initial investment (which we have recently funded) and a second, larger, tranche that is subject to additional due diligence which we expect to complete by the end of August. Industry projections indicate that video-enabled handsets will increase from less than 5% today to more than 70% by 2011. We believe the company has differentiated technology and has recently contracted field trials with several major international carriers that will be launched before the end of 2008. I will provide more information on this opportunity in future updates as we move through the due diligence process.
The company’s technology is a direct hit in our target to pursue software, wireless and networking technology.

3. Meet with Equity Investors privately or announce presentation(s) at an investor(s) conference? RG states, "I expect to be ready to begin meetings with new equity investors to present Patriot’s vision for the future starting next month" (This means August).

4. September 1st (or shortly thereafter) - Announcement of successful completion of acquisition of Crossflo.

5. Per RG, "Hiring of an additional marketing and business development person to support the expanded activity level associated with the M&A effort, business planning and support of the implementation of the NuPOWER IP licensing effort.

6. Not out of the realm of possibility ---New MMP Licensees






Share
New Message
Please login to post a reply