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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: Happy Valentines to our Board of Directors.

Happy Valentines to our Board of Directors.

posted on Feb 09, 2010 09:40AM

Word on the board is that you all are now evaluating use of MMP licensing fees for share buy back and stock dividends. You have also asked for 120 days to come up with a plan for what to do with PDSG. How many shares could you buy back during these 120 days.

I would like to see you first buy back half of the outstanding shares. Aggressive. Get most if not all of them for under twenty cents.

Then announce a policy where half of each quarter's revenue will be distributed as dividends. On a really good quarter we could see more than a nickel dividend. The other half of revenue will be used for something someone smarter than me will decide. But it has to be something to enhance shareholder value (as opposed to bonuses for PTSC executives).

Maybe some of the revenue gets put in a rainy day fund to insure a minimum dividend even on poor quarters. Not sure about that, but I am sure that if you bought back half the outstanding shares and started issuing dividends of a nickel or even a dime, you would greatly (and I mean GREATLY) enhance our share price.

And that would be a nice Valentines present.

By the way, you can not hit a target you do not have. Do you want to be a wandering generality or a specific target. PTSC has hit 7 dollars before. How about we set a target to beat the all time high share price. And let's hit that all time high within the next 24 months. Let's focus on results. You will feel better about the salaries you are receiving. Happy Valentines.

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