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: Bankerson.. A question you might ask is ...
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Jan 09, 2014 05:10PM
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Jan 09, 2014 06:02PM

When PTSC lent TPL $1,000,000, did the promissory note collateralize the loan amount with TPL's interest in the MMP patents ; even if it was only $1M worth of MMP patent collateralization ?

If so, when TPL defaulted on the loan, did PTSC elect to pass up the chance to increase our MMP ownership by seizing the pledged patent collateral, and instead only recover the amount loaned by taking $1M from future license fees ?

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