InvestorsHub Logo
Followers 23
Posts 942
Boards Moderated 0
Alias Born 05/26/2014

Re: DrANK post# 3059

Thursday, 11/12/2015 10:11:01 PM

Thursday, November 12, 2015 10:11:01 PM

Post# of 3167
The split history is described in their 2014 10K:

https://www.sec.gov/Archives/edgar/data/1360214/000149315215000811/form10-k.htm

It's important to comb every detail and make a decision.

Company Information

We were incorporated in Delaware in January 2006 as Bywater Resources, Inc. in order to conduct mineral exploration activities. We changed our name to Transdel Pharmaceuticals, Inc. on September 11, 2007. In September 2007, we closed a merger transaction with Transdel Pharmaceuticals Holdings, Inc., upon completion of which we began our operations as a pharmaceutical company.

On June 26, 2011, we suspended our operations and filed a voluntary petition for reorganization relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of California (the “Bankruptcy Court”), Case No. 11-10497-11 (the “Chapter 11 Case”). On November 21, 2011, in connection with our entry into a line of credit agreement and securities purchase agreement with DermaStar International, LLC, we requested that the Bankruptcy Court dismiss the Chapter 11 Case. On December 8, 2011, the Bankruptcy Court entered an order dismissing the Chapter 11 Case.

On February 28, 2012, we changed our name to Imprimis Pharmaceuticals, Inc. and effected a one-for-eight reverse split of our authorized, issued and outstanding common stock, and on February 7, 2013 we effected a one-for-five reverse split of our authorized, issued and outstanding common stock.

On April 1, 2014 and January 1, 2015, we completed our acquisitions of all of the outstanding capital stock of Pharmacy Creations and Park, respectively.

Our common stock is currently traded on The NASDAQ Capital Market under the symbol IMMY. Our executive offices are located at 12264 El Camino Real, Suite 350, San Diego, California 92130 and our telephone number at such office is (858) 704-4040. Our website address is imprimispharma.com. Information contained on our website is not deemed part of this Annual Report.



Due diligence is a lot of reading at times and you certainly have to weigh pros and cons of an investment. It's a decision and you either buy it or you don't. Like I said in previous posts, not going to pump this and reviewing everything I can. But you have to read everything to make a good decision. Not just bits and pieces in my opinion.