Remember: 31,615,369 shares held in treasury at average cost of

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

gcduck

Rank: President [?]

Points: 12254 [?]

Votes: 135 Score: 3.3 [?]

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.)

Remember: 31,615,369 shares held in treasury at average cost of

posted on Jan 22, 2012 04:13PM

$ 0,452/share.

According to the last filing:

"During the period December 1, 2011 through January 9, 2012, we purchased 552,016 shares of our common stock"

I see three positive things with this:
1. 31+mio shares are a good war chest, IF the shareprice gets to $1,-
2. The average price paid for each share is $0,45 -I "guess" CF thinks we'll see this price range again - or why would he...
3. ...continue with the share buyback , especially with more than 550.000 shares in 40 days?

Either these shares are worth a "fortune" if we prevail at the Markman Hearing and with the followup or...well, not much...;-)