Mosaic ImmunoEngineering Inc (CPMV)

[Neverending]

NEW INFO!:PTSCs PROXY says REVERSE SPLIT COMING:link>>

"To approve an amendment to our certificate of incorporation, as amended, to effect a reverse stock split of shares of our issued and outstanding common stock, par value of $.00001 per share, at a ratio to be established by our board of directors in its discretion, of up to one for fifteen (but not less than one for five) (the “Reverse Stock Split”)"

http://www.sec.gov/Archives/edgar/data/836564/000101968716005386/patriot_pre14a.htm

This is real bad folks. The stock will pop on the reverse split BUT the shorts have news like this on their radar because when companies do it it means they are desperate and likely to fail so they pile on BIG TIME knowing there is little risk (that is to say almost every company who does a reverse split goes to ZERO so it is almost guaranteed money for short sellers betting on a stocks drop in value).

ALSO here is another potential big problem for shareholders. The reverse split only applies to "issued outstanding common stock". It appears not to apply to authorized but not issued stock which PTSC has 200 MILLION! What this means is that the company will have 200 million shares to potentially sell to a private buyer to sell the company out from under shareholders if it somehow becomes successful. The company has 400 million issued shares and a 1 for 10 split would mean shareholders only have 40 million. The 200 million out vote the 40 million in the event of a buy out. When has PTSC ever seemed to be a strong competent advocate for shareholders interests? Ever?

Look friends there is almost no way PTSC is successful and if it is it will be taken private. It is a lose lose for current shareholders.

By the way ENJOY YOUR VIRTUAL SHAREHOLDER MEETING! ROFLMAO!