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: Part 4

I believe it is a detriment and embarrassment to this company that Carl and Gloria are still it's core leadership. With their history here of horrific stock performance, highly questionable business judgement, CEO rotation, blunders from their Merger and Acquisition efforts, terrible shareholder relations (and selective communications), minimal confidence by Shareholders, and with the lack of greater committment (or ANY in the CEO's case) to company stock ownership at the same time as they take large cash payouts, it's no wonder why this stock is at 4, 5 or 6 cents; and why the company gets no respect and has zero to insignificant Institutional investors.

I am not alone in my views and opinions. The continued leadership of PTSC by these 3 folks has in all reality been rejected by the Shareholder base. If you look at the 2011 Proxy results, the election voting confirms it. All three had more than twice as many votes affirmatively and specifically "Withheld" against them than voted for them. The practical interpretation of a "Withheld" vote is that these would typically be considered as votes "Against" the election of those Board Members, if "Against" was an option on the Proxy. As it stands, they are only still in power because the Corporation uses the Board friendly Plurality Vote counting method as oppose to the Shareholder friendlier Majority Voting method (with the Plurality voting system, a nominee could be elected as a director with one affirmative vote and several million "Withheld" votes).

Shareholders will not be silenced ... against their formal Vote Recommendation and even Proxy Solicitation efforts of the BOD, Stockholders also voted by another landslide 4:1 in favor of changing our corporation's use of that Shareholder UNfriendly method of voting that has keep Carl and Gloria in power. THESE VOTE RESULTS ARE A LOUD and CLEAR REPUDIATION BY SHAREHOLDERS OF THESE THREE INDIVIDUALS, AND THEIR CONTINUED EFFORTS TO REMAIN IN BOD LEADERSHIP. Unfortunately, I suspect this BOD has already instructed their lawyers to challange, delay, and narrow the impact of the new Majority voting method change in such a way as to extend their rein, to keep their personal paychecks flowing, and to keep any "outsider" BOD member from getting legal authority and forceable access to nonpublic information behind the decisionmaking which precipitated PTSC becoming such a train wreck.

My fear for Shareholders is that Carl and Gloria might attempt to stay in power at all costs, even if that might mean the Privatizing, Voluntary Reorganization, or the Issuance of Preferred Stock with "Super Voting (10:1 or 20:1 or more) Rights" .... one of these choices could be the road we are heading down the path towards.

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