Immune Pharmaceuticals Inc (fka IMNPQ)

[beachboy3]

Company must have released PR late last night. Last I saw, those hearing requests cost $5000...a waste of money. It buys a couple of months before the Nasdaq panel hears and rejects Immune's appeal. Reverse split is inevitable unless IMNP breaches $1 for 10 trading days before the panel's decision. I ain't gambling on that, esp. considering Teper's dishonest track record. The PR is worded as if he will hold off from RS until the last possible moment: "... and will commit to effect a reverse stock split, if necessary." As if something else is going to make the price shoot >$1 in a couple of months. It seems as if Teper is playing a game.