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: what is significance of this peice from article???

what is significance of this peice from article???

posted on Apr 21, 2006 03:09PM
But wait, there`s more. Patriot has been retiring dilutive debentures lately and has made efforts to reduce the number of convertible warrants it has outstanding. However, there are some disconcerting hints about just how many more warrants exist. Patriot says in filings that there is a ``possibility that a significant number of shares, the exact number of which we do not know, of our common stock could be issued on the conversion of the debentures.`` Though it can`t quantify it, there could be enough new shares issued to an investor that it results in a change in control of Patriot, it says, so there`s clearly potential for some major dilution down the road.

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