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: Entry in last 10Q that was not in prior filings

Patriot updated its FAQs May 10, 2012

It may be more than just the Markman that we need to be concerned with. I believe that our BoD knows more than we do about the Brown settlement; Marcoux Settlement; Nielsen settlement and how those settlements may have/will effect TPL.

Q: Now that Patriot has settled with TPL, why aren’t there more MMP license announcements?

A: While we believe that by settling we have removed a significant obstacle faced by the license program, we also believe the licensing program is influenced by several factors, some of which are more fully described in the Risk Factors section of our annual report on Form 10--‐K for the year ended May 31,2011, and the quarterly report on Form 10--‐Q for the period ended February 29, 2012. We encourage the investing public to review these risk factors.

http://patriotscientific.com/ptsc-faqs.pdf

Adverse Changes In The Financial Condition Of Our Joint Venture Partner, TPL, Could Have A Significant And Adverse Effect On Us.

While we are not privy to the financial condition of our joint venture partner, TPL, several factors could have a negative effect on TPL’s financial condition, such as the continued decline in MMP Portfolio license revenue and increased MMP Portfolio related litigation costs. Additionally, the adverse outcome of known current contract litigation against TPL and other factors to which we are not privy while not impacting us directly, may impact us indirectly to the extent the licensing program is negatively affected. In the event that one or more of the foregoing adversely affects TPL’s financial condition, TPL’s ability to continue to aggressively pursue the licensing of the MMP Portfolio on behalf of PDS could be severely impacted which would in turn adversely affect our revenue and cash flow. P.33

How much of an impact will Chet Brown’s settlement have on PTSC?

http://www.sec.gov/Archives/edgar/data/836564/000101968712001380/patriot_10q-022912.htm

I don't recall every seeing an entry under risk factors about TPL's current contract litgation and the impact it could have on PTSC. However, it may be buried somewhere in prior filing and I may have missed it.

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