Positive Tidbit -Fut

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

l2007s

Rank: President [?]

Points: 18410 [?]

Votes: 123 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Positive Tidbit -Fut

posted on Jan 17, 2011 06:44PM

Yes, that is positive news even though I admit, I glossed over your post because the Jan 13 date just didn't sink in at the moment as being significant. I am not an accountant and won't pretend for one minute that I completely understand most of the financial information. I did, however, understand that between Nov 30-Jan 13 PDS took in almost 7 million dollars. If this one line item/event needed to be reported in this quarterly statement, then I can understand the few days delay in reporting.

In the notice of late filing, there was mention of a possible settlement. Could it be that the expert witness attorney mentioned in the Santa clara litigation has determined that we were cheated out of nearly 7 million from the co-mingled license? If so, perhaps that was the settlement mentioned. Not a settlement of the case but rather a settlement of one issue related to the case.