RE: To all the Resident Self Appointed CEOs: Ometepan

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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RE: To all the Resident Self Appointed CEOs: Ometepan

posted on Mar 09, 2006 10:29AM

I agree that paying a dividend is currently prudent, but only to the extent that it accomplishes the removal of other impediments (debentures/warrants/options). Once that is achieved, the most prudent action IMO is to initiate a share buy-back program.

Dividends on an ongoing basis are just blips on the market RADAR. As the share price increases, the ``pay back`` from the dividends is less and less attractive. And, ultimately, it doesn`t really improve the company`s financial status.

Share buy back on the other hand sends a similar message of prosperity and rewards investors with an improved PPS. But it also improves the company`s financial status over the long term (which, when compared to the benefit of a dividend, is a period greater than two months).