Immune Pharmaceuticals Inc (fka IMNPQ)

[Letterpenny]

Several years to complete mergers. Not two. Not three. Several. So do not get excited. Don’t be dope people. This stuff takes time. Take drugs like me and you will feel right as rain. Hula Hula Crazy Penny

[Letterpenny]

As I said Bruce………Corporate mergers and acquisitions can vary considerably in the time they take to be completed. This length of time may span from six months to several years. There are a number of individual steps that need to be completed successfully by two public companies before they are legally combined into a single entity. Companies usually work with an investment bank to manage the merger process, which includes approvals, documentation, and implementation.

As companies go through the merger process, the merger timeline is often an important headline of communication. Executives will typically discuss merger details and field ongoing questions from analysts in quarterly earnings reports. Checkpoints, deadlines, and timelines can all be revised as the process is ongoing. Regulatory due diligence across the globe for worldwide conglomerates can turn up any number of idiosyncrasies that may lengthen the time to full approval.

[Letterpenny]

[Letterpenny]

Shorter video

[Letterpenny]

Don’t ever give up. Never quit.

[Letterpenny]

Don’t want to burst your bubble Bruce but nothing is coming to fruition with any dates. There are no time limits on Teper. They can do whatever the hell they want and they can keep this going for years yet. The fact that they started this hub and spoke deal strategy is super revealing to what direction they are taking. This whole deal is to support the acquirer and creditors that be. There are absolutely no dates that support your theory Bruce that any deals will close. A lot of those dates given was just me having fun. I know jack about how this system works. I do however look forward to ESH giving us the funds to support us through the rest of 2024. That 100 million will be perfect. Just don’t know who is taking the money. I’m thinking new Immune or Cytovia. They need the cash people. I’m back on my drugs board, so I’m safe for now. No need to worry. Im back to being the less emotional sadistic asshole. I prefer this personality. No feelings suits me and my family better. Weak Daddy is loser. Lol. It took a few days for medicine to get up to the medicinal level. So lets rip Mike. Let the negativity thrive. Let’s bring this house down. Sleeping so much better now. Can’t wait to get home and start fasting gain. Helps me regulate with better habits. Sleep is so underrated. Does a body good. Thanks again for all the kind words. Means a lot of know that you heartless bastards care. Be well. Stay you, Hula Hula Crazy Penny

[Letterpenny]

I see what you see bud. Our investment is worthless. I agree. No liquidity. I still can’t move on. I’ve been clicking my heels but I still remain nowhere. Hula

[Letterpenny]

Anyone else confused on how this hub and spoke deal will look? I can only assume that it means parent will remain private and will only take certain companies public. Meaning, they are taking value off table for existing shareholders by doing smaller spins down the road shedding smaller company stock as dividends to shareholders over however long parent remains private. This is my opinion. Hula Hula Crazy Penny

[Mikefbi]

Only investors are the few that believe that this will arise from the ashes which will never happen.

Most of their assets sold

Most investors has already taken the tax loss.

Chapter 7 = Total Liquidation

No Officers or Directors of Immune pharmaceuticals only the trustee.

See:

CFTC v. Weintraub, 471 U.S. 343, 353 (1985) (“Congress contemplated that when a trustee is appointed, he assumes control of the business, and the debtor’s directors are ‘completely ousted.’”)

Sooner you believe that your investment in Immune Pharmaceuticals is worthless the sooner you can move on.

Cheers

[Loxxx]

Take it easy.

Hope the treatments are helpful, are they giving antibiotics? Is there any possibility that the family can gather around a common interest/hobby? Look at art in different forms, bird watching, listen to audio books, go to different restaurants and judge the dish of the day.

There are many different things that you can gather around. Where you don't have to be the best or where you can't win because you think. It doesn't matter if someone thought the pancakes were better at restaurant A instead of B.

Getting something else to think about is important. Have a bit of trouble myself, have separated. We have a daughter who wants to live with her mother and I almost need to get to know my daughter again... This will work out regardless of your daily coverage. I don't understand everything you write but still appreciate it but I think we all need a break and we survive without daily updates. So try to let go of the keyboard.

Try to take a daily walk or jog every other day. Exercising, getting your heart "rate/puls" up is something you need, physically but also mentally. It can be part of your rehabilitation.

Take care and be well!

[Letterpenny]

RLK, could be off here but I believe we have about 80 or less investors. Somehow I think I read that they needed 80 or less to do the transaction. I don’t believe they could’ve done what they had done with too many shareholders. I know that sounds weird but I think it would’ve messed with the cap table. Who knows. Not me. Just guessing. No one needs to remind me of giving kisses and hugs. Lol. This old salty dawg is full of love to give. Just a little cuckoo. Nothing more. lol. Good news would be a great thing. Would love some good news. Patience is key. Need to stay relaxed. Be well. Stay you. Crazy Penny

[Letterpenny]

Thanks bud. I’m glad you know where you stand. Wink wink. lol. Yes bud. Being honest with oneself is a good thing. I tend to always need a good smack to wake me up. My stench is just as bad as everyone else’s stench. I try to always keep in mind my limits bud. Unfortunately I also believe that nothing is impossible if you work hard and have patience. Sadly my current state of mind is pretty fragile and I have just taken on too much and I was never ready for future family health issues. I need to learn to deal with these issue without going nuts. My situation is acute but still not needed. I’m letting things affect the ones I love and that has to stop. I am Dad and I need to remain right in the head. So that’s what I intend to do. In a way, I am broken as a man. I’m just really sad and disappointed in myself. I’ll get better man. Thanks for not caring bud.. lol. Cheers. Hope you are well. Crazy Penny

[Letterpenny]

Doing my best. Just have too much on my plate. Lots of health issues in the family which is scaring me to death. My small brain can’t take all this misery in. I’m a very soft person. I’m harder than steal on the outside but my inside is like mush. I can only take so much these days. Each year I get older I just get more concerned about the ones I love. I never was like this before. My kids have changed me. This deal has changed me. I came on this trip to relax but I think I should’ve just stayed home and kept busy. I think I’m just having another breakdown. The good thing is I know how to deal with it and I don’t believe I need to be hospitalized. I’m ok with talking about it on this board. People know me pretty good. I have nothing to gain here. I only have this board as my soundboard. I have zero other people to talk to. I’m heading back into therapy when I get back home. I want the kids to know that Daddy is going to keep trying to get better. That’s all I can do. My life has been on hold and now too much is happening. It’s caught up to me. I will take your advice. Breathing is good. So is a night guard. It saves your teeth. lol. It’s the night terrors that are a problem. Rarely happens. Need to stay off the booze. Not a drinker. Rarely touch the stuff. But as you all are aware. Sometimes I go overboard. You can’t do that with kids. Some folk don’t care. I do care. Yelling in my sleep is not cool or responsible. Never had the dreams until years into this deal. Super ashamed. Anyways. I need to start building trust again. I love to say I win all the time, and I do, but at what cost. The fact that my kids are now aware of my bad dreams, this has really freaked me out. This guy is just cooling his heals now and praying that I can make more changes in my life and come back full circle. Like Bruce says, all life is a cycle with ups and downs. He’s absolutely right. Even super strong people can fall and be weak. I am only human. Thanks for your concern Loxxx. I truly appreciate all of your kindness. None of you have to speak out but you choose to and I truly appreciate it. Love is all around you even when you least expect it. All the best to you bud. We will win. Hula Hula Crazy Penny

[Letterpenny]

I have never asked any of you this question but I am actually quite curious about this one thing. Is an RMT transaction the most longest, painful transaction one can choose to go through? Obviously some of you amazingly smart people knew about this deal and knew what I had to go through. I don’t blame anyone for not sharing with me. I understand why many won’t speak up as it’s a pay to play game. I already conceded to all the players here as I clearly understand that I don’t deserve this victory and that I’m just one very lucky guy. I wouldn’t have been able to do this deal without my condition. I wish I was smart but obviously I have other things driving me. Definitely not brains which I like to think I have. lol. I just find that this isn’t the norm from my stand point. Thoughts??? Also Bruce / RLK / Mike, I believe there is only 300 or less people that have access to this investment. If there is more people due to brokerages creating index funds for their customers then that would be interesting to me. Im curious to figure out what type of share holdings people get. Some people must have only a few shares at best. A little weird. There’s only so many shares people. Any ways. I don’t get it. I know brokerages can represent thousands of clients but I can’t see how we can do that here unless brokerage funds can be counted as single ownership. I guess they can. Just didn’t think that it was possible in this case. I’m a newbie to this stuff. Trying to figure out why people would want just a few shares. Any ways. Just think out loud and yelling at the palm trees. Hula Hula Crazy Penny

[Letterpenny]

It’s that 2 year waiting period from the time Spin Off sub merges with SPAC is what got me in the end. I think I kept forgetting that part. I know I talked about it with you guys but somehow I mixed it up with that 5 year period of active business continuance that messed with me. It’s the waiting periods that you have to be aware of. All hindsight now but it certainly affected me here on all levels. Any ways. I’m done. Truth hurts. Invo did their 10K today. Nothing exciting. Just another amendment. Be well and stay safe. Hula Hula Crazy Penny

[Letterpenny]

Yup. It is what it is people. Thanks for the support. I’m not one to give up. I will keep fighting the good fight. It’s all crazy folk. I know I’m victorious here people but I failed the people around me. My pride got in the way and here I am covered in shame. I look back now and I can’t believe I was willing to do anything to make my success and unfortunately I sacrificed everything to get this. This deal has uncovered my strengths but has also shown all my chinks in my armour. I think there were definitely many outside factors that influenced me, and challenged me to be so aggressive but in the end I am still to blame. I’m the one that made the bad choices. Very sad. Make no mistake people, I am made for this stuff. Never discount this boy. I’ve earned my stripes. Sadly I gave up everything to get those stripes. I may be emotional people but make no mistake I am not weak in my knees. I don’t buckle for anyone no matter how off I may be. I am in now way crazy enough to give up what I have worked so hard on over the last 9 years. I do still however wish this deal never existed. I would prefer to have all my family healthy and happy again. So much lost time and resentment and regret. All I can do now is pray, be calm and move on. Just remember a person should never pursue riches if it means they have to sacrifice their family and friends to do so. You can’t create new family and friends don’t replace family. I know God will forgive me with his endless grace but I will always feel that loss while on earth. We all need help at times. Being reckless with your life will only bring you sorrow. We all will continue to make mistakes but hopefully they won’t affect the people we love. I have a long road ahead of me. Only time will tell where I go from here. Healing will take take. Be well all you genius wonderful people that have been there for me over the many years. Can’t believe I’m still standing. Cheers. Hula Hula Cuckoo Penny

[Mikefbi]

The apostle Paul cautions us about this in Romans 12. He says, “Because of the privilege and authority God has given me, I give each of you this warning: Don't think you are better than you really are. Be honest in your evaluation of yourselves, measuring yourselves by the faith God has given us” (verse 3 NLT)

[Loxxx]

LK relaxa

Breath in, breath out.
Thoughts are like a circle, the go around.
Like a child at first, then like a young adult, and like a man, like a grown man, like a wise man, like a genius, like a crazy person, like a child again and the circle is complete.
If posible maybe you shold take every second day of.
Or something simulary, make a sceduel(spell?).
Best Loxxx

[Letterpenny]

Couldn’t care less Mike but great work on the research the cut and paste. I’m still trying to figure out how to vacate this place called life without mess. Let me know if you have a solution for me. Hope you and all on the board are having a great day. Hula Hula Cuckoo Penny

[Letterpenny]

(g) Each Plan is and has been since the Formation Date in compliance, in all material respects, in accordance with its terms and the requirements of all applicable Laws including, without limitation, ERISA and the Code. The Company and each Company Subsidiary have performed, in all material respects, all obligations required to be performed by them under, are not in any material respect in default under or in violation of, and have no knowledge of any default or violation in any material respect by any party to, any Plan. No Action is pending or, to the knowledge of the Company, threatened with respect to any Plan (other than claims for benefits in the ordinary course) and, to the knowledge of the Company, no fact or event exists that could reasonably be expected to give rise to any such Action.

Formation date is in Isleworth agreement. “Formation Date” means May 31, 2019.

So very interesting stuff. Hula Hula Cuckoo Penny

[Letterpenny]

Well said RLK. That’s how I understand it as well. It will be the interesting to see how they delay the deal. SPAC doesn't need to be done until June. Hula Hula Cuckoo Penny

[Letterpenny]

Cytovia was founded in June 2019. I don’t know what that means but it must mean something.

[Letterpenny]

Cytovia needs to be active as operating company for 5 years before they can complete the RMT transaction RLK. Hula Hula Cuckoo Penny

[Letterpenny]

All I can add RLK is that JHP Pharma started using that MCP company in 2024. So its still very fresh. I believe they just started down the road using this method. Immune Pharma was 2013-2022. So don’t know if the dates are relative to either company but they certainly are different between the two companies. Hula Hula Cuckoo Penny

[Letterpenny]

About JHP Pharmaceuticals, LLC
 JHP, headquartered in New Jersey, is a recently formed company founded by Peter Jenkins and Stuart Hinchen, previously senior executives with the leading global specialty injectables company, Mayne Pharma Limited which was recently acquired by Hospira, Inc. JHP plans to become a significant marketer of hospital and clinic based pharmaceuticals in the US, as well as a quality contract manufacturer of aseptically manufactured pharmaceuticals with an emphasis on biologic based products. JHP is a wholly-owned subsidiary of JHP Holdings, LLC, a private company whose equity owners are Morgan Stanley Principal Investments, Peter Jenkins and Stuart Hinchen.

This company has nothing to do with Immune or sub. Only thing in common is that it’s private and it loves to play musical chairs.

[Letterpenny]

Oh that’s funny bud. What a funny find. Thanks for the chuckle. I guess the raiders got lazy. Must be using the same soup kitchen to do their wet work. Nothing ceases to amaze me anymore. Pros at work doing what they do. Maybe it’s just a slick hacker etc. Anything is possible. These young people are brilliant and can do anything. These amazing kids are so smart. They can run laps around this old crazy fart. I am simply a lucky humbled mosquito that never got swatted by the powers that be. Trust me, I deserve to be smooshed like Mike says, but by the grace of God I’m still walking the earth. I don’t want to be feeling anymore people but I still remain here. I leave it all up to God to decide my fate here on earth. Thanks again RLK for that tidbit. Good find. That would’ve been hilarious back in the day. I just don’t have the strength in me anymore to care about this deal. Each day is a new day and I try so hard to muster up the energy to care. Some days are better than others. Like Bruce says, we are all going through stuff in life and are trying to manage. This deal has affected us all differently. I would say I’m probably the biggest idiot in the room and doesn’t deserve this deal like most that were smart enough to know what was happening here. I am just the foolish idiot that destroyed everything and everyone in his path to prove he could do it. In the end I am a broken man that has lost almost everything because of my efforts. I only wish I had been smart enough to know what was happening with me so many years ago. Still RLK, I can’t stop living. Need to remain a strong force and keep pushing forward for my family. No money in the world can replace my loss and the damage I inflicted on my wife and kids. I will never forgive myself for my misdirection and loss of focus. So much time lost. I gave all too this deal. In the end I can only keep asking for forgiveness and pray that when I’m made whole again that I can make a difference in the future. Thanks again RLK. Can’t believe I’m 49. How I made it this far in life is crazy. lol. Be well bud. Keep doing what you. You deserve what’s coming. Hula Hula Cuckoo Penny

[Letterpenny]

RLK, I recommend that no matter how much one has, don’t ever get into an investment like this unless you’ve been married for minimum 20 plus years. I started this one three years in. I destroyed my family over this. Most likely will end alone which I take full responsibility for. My brain was never strong enough to do something this grand. The fact that I’m not dead yet is pure luck. People need to remember that in life there is so many unforeseen obstacles that one must be prepared for. I started this bud while my wife had my second child that as you know is seriously challenged with Tuber Sclerosis and she has the worst of it. I now have two family members on dialysis, one old one young, without any hope in site. I wish I could say my marriage is great but I shit on that through self pity, greed, selfishness, unawareness and whatever else you can throw on top of the pile. I failed almost on every level and yet here I stand. I truly believe I am above ground today because of God’s grace. But I do feel my clock is ticking and ticking fast. Don’t care too much about deal anymore or anything really. Which is scary people. I don’t want to become numb. Just trying to manage my brain. Need to stay right for my kids. I can fail everything but I can’t fail my kids. They didn’t sign up for this nonsense. I wish my wife never met me to be honest. She would’ve been so much better off having a simpler life with person that can give her everything she needs. Ending up with crazy guy is not what she signed up for. Very unfair for her and all immediate family. Any ways. Sorry people. Running off at the mouth again. Didn’t think I was going down with another nervous breakdown / crazy road. I hope all of you remain well unlike myself. I believe some of you are machines unlike this guy. You go genius’s and investment wizards. Keep up the good work and stay you. Hula Hula Cuckoo Penny

[Letterpenny]

That’s also what I believe RLK. An RMT is what I believe it is to. I learn about that stuff couple years back. It certainly helped me when I learned the process. Just waiting on when they plan to do the transaction. Until that day I just try to remain sane. I’m slowly losing myself here without any return. I’m sort of broken man now. Trying to remain positive but it’s tough. Thanks for the help. All support is welcome. What a humbling experience this has been. I’m not suited for this stuff. Of course I have plenty weighing on me personally at the moment but that’s life. Pride cometh before a fall. Boy did I fall man. Just don’t know if I can ever get up. Need to try for my kids. Fingers crossed. Hula Hula Cuckoo Penny

[Letterpenny]

Hey Loxxx. Yes time flies by. I hope you are doing well Loxxx. It’s been a crazy 9 years. I like to think I’ve made all the right decisions here with this investment. But as most know on the board, I have no answers. Hell I’m just trying to stay sane for my family. My life has changed so much the last year or so. I’ve been put in hospital and still in recovery from my break down. I still struggle with life. I can’t seem to get thoughts straight. But I am the one to blame for my crazy. I’m a weak person. I try so hard to be strong bud. This investment is just one of the cherries that have changed my life for the worse. Probably the worst thing I ever did . My heart was in the right place. But all I have brought is misery and pain for my family. I hope your situation is 100 % opposite from me. Hopefully, I can make a little joy this year or next. Be well bud and always stay you. May God Bless you and keep you safe. Always a pleasure . Hula Hula Cuckoo Penny

[Loxxx]

But then nothing before...

Next birthday then...thats a pitty.
Would be good with a cashing before that!

I hope you and the family has a good time.
Keep calm and carry on.

[Loxxx]

LK time fly....

Happy birthday.

[Letterpenny]

Like I said. Pay zero attention to me. Just quoting song lyrics which make no sense to you. When my feet hurt from dancing that’s when I know i was having too much fun. lol, Vacation equals party time, Wow. What a crazy good night. I’m too old for this stuff. Couldn’t even post without sounding like bumbling idiot. lol. Louis Vuitton loved me last night. Super dead folks. No sleep makes for a very slow day. A perfect day for the pool in the shade. Lots of love people. Hilarious. Hula Hula Cuckoo Penny

[Letterpenny]

Vacation shit heads. Thera is nothing terrified tonight than the moment I lose you tonight. Oh I hope I don’t lose you. Please don't stay, I want you to stay .

[Letterpenny]

Tom Grennan Essentials. Tep I want him at our next convention. I will pay for the concert if you want. My nephew will put it together in Bal Harbour. You get me where I want to be and Teper we will take it this shit to the next level If you need me as a consultant. I
will help for free. Just boogie.

[Letterpenny]

Like I said RLK, we have 12 months from closing. So fucking enjoy and relax bud. We are doing fuck all until next year. Even then it's a debate. But don’t you fret big shot Longs. It’s happening. Read below,
Among key closing conditions, INVO must obtain shareholder approval along with certain approvals from existing warrant holders, a private sale of INVO’s preferred stock at a price of $5.00 per share, in a private offering resulting in amount equal to at least $2,000,000 of gross proceeds to INVO in the aggregate, plus an additional amount as may be required prior to closing of the Merger to be determined in good faith by the parties to adequately support INVO’s fertility business activities per an agreed forecast of INVO, as well as for a period of twelve (12) months post-closing including a catch-up on INVO’s past due accrued payables still outstanding, and a private offering by the combined company at a target price of $5.00, representing a premium to INVO's last offering of $2.85 per share. The merger target valuation is $12,373,780 for INVO and $90,750,000 for NAYA, based on a target stock price of $5.00 per share. Subject to the Interim PIPE, immediately following the closing of the Merger (but prior to the private offering), the equity holders of NAYA are expected to own approximately 88% of the issued and outstanding common stock of the combined company while the equity holders of INVO are expected to own approximately 12% of the issued and outstanding common stock of the combined company.

The Merger has been unanimously approved by the board of directors of each company and is expected to close in the first quarter (Q1) of 2024.

[Letterpenny]

Just noticed that name change on agreement will be changed but what happened to the other concern of what agreements were specified in the deal. Obviously another amendment is coming since Judge didn’t acknowledge the agreements and what assets were specified in the deal. Lonza said that they need specification and yet they have agreed to the order. Weird.

[Letterpenny]

Again RLK, there are no deadlines for bk. I believe they have 3 years or more to distribute to creditors. I’m just waiting for Invo to start the delisting process. Maybe ESH just comes in an takes everything in one swoop. That would give financing and allow exchange and consolidation then Form 25 would follow in Fall. I don’t believe in INVO deal. The only reason that’s happening is so Teper can bring all these new guys in on the ground floor. Peter and bloom are in the same boat there. Good for them they dicks but good for them. Truth be known. I’m just a little jealous. They never had to anything to get those shares where us Longs have had to endure constant torment for years. I guess that’s what happens when you are part of a tax free plan. Love that the window has cracked open for IPO market. Hopefully Reddit will provide some motivation for the PE market. Cross those fingers. I think we miss the window this year. We have only so many days left. Then the clocks starts over again. Super crazy. lol. Hula hula Cuckoo Penny

[Letterpenny]

RLK, there is no expiration for mencik. They left the contract extendible with automatic renewal. So that deadline you are referring to is unknown. .

[Letterpenny]

RLK. My job in the end will be to bring justice on these guys for their corruption and general malice and disregard towards shareholders. This is not over by a long shot. I love the justice system. Love it! I may be a Canadian but I love to sue like all my American friends. I’m going to be so patient. Like a crocodile waiting in the waters for his next kill. This Teper guy has no clue who he’s picked a fight with. Quick fact. Big crocs kill their prey and then push the carcasses under stones and debris so they can come back for second and third helpings of meat. This is how I will move forward. Just one piece at a time. One nibble at a time. Hula Hula Cuckoo Penny

[Letterpenny]

Thanks bud.

[Letterpenny]

Have a good night my Long friends. Always a pleasure.

Bartender pour me another Longboard Lager. God is great. Be well. Taco Taco.

[Letterpenny]

Hey amazing folk. What a day!!!! God is good!!!!!!!! Be well and enjoy your weekend. Just put your ear plugs in or blinders on if you don’t want to listen to my crazy ass this weekend. I’m on holiday so you never know what you’re getting with me. Me crazy. Me cuckoo for Cocoa Puffs. 2025 / 2026 is where it’s at. Mahalo amazing Longs. Don’t forget who brought you here. Sure wasn’t this 49 year old man baby. lol. Got you. lol. I can’t even read the news without my glasses now people. Arghhh….. Time flies by when you’re awesome. Witnessed two old farts fighting at the pool yesterday. lol. Hilarious. Stupid pricks are everywhere people. Couldn’t believe these dopes. My age or older. One of the dopes had his two kids 12 years old or less begging him to leave pool. Eventually dicks left. They then got arrested in lobby. Feel miserable for kids. No reason for people to get belligerent at the pool where families are trying to enjoy. Any ways. That’s my report. Crazy Hawaii. Hula Hula Cuckoo Penny

Guys. Relax. 2025 will be a killer year. If you are listening Teper. I always fucking win buddy. Always a supporter assholes. I have all the time in the world. Just be prepared for a fucking Bronco show when this is over. You will never meet someone like me ever. I will get what’s mine one way or the other. You may just want to go back to your cave big dog. I told you once. You fuck with my money and you will get the horns. Wow. We gonna have fun. Hula Hula Cuckoo Penny

[Letterpenny]

RDDT did well today. Nice start to the season for them. A great start. QT still in play. Maybe next year we’ll get some rates cuts. Stay tuned. Hula Hula Cuckoo Penny

[Letterpenny]

It’s nice to have that one piece of info to go off of RLK. At the end of the day the captain has to always return to his ship. That 12 month severance is a real stickler for them. I believe Teper clearly stated by his evasiveness in last Jane King interview that their next 12-18 months is just building the company through mergers. Liquidity for shareholders is not in game plan. Must remember RLK that all these guys are getting handsomely paid and don’t care about us listing. That BioNanoSim deal will be a good one. Satellos is just around the bend. SPAC merger with ESH Acquisition vehicle is coming up fast. We should see that deal in June and then maybe terminate in September / October. De-SPAC should end by 3rd or 4th quarter of 2025. Teper decided to remain private and that is a great news for creditors but a very miserable choice for Long shareholders. Such is life. Doesn’t affect me one bit. Enjoy. The hot tub is lovely. All are welcome. Hula Hula Cuckoo Penny

[Letterpenny]

I can only assume that we are easily going into next year. Even after employment ceases, Alex will then receive twelve months of severance putting us at October / November 2025. At that point he will then have 6 months to divest. So we could be going as late as Spring of 2026. This could still be a very long wait. Hate to be the bearer of bad news but I think we may have a pretty big wait ahead of us. I couldn’t care less anymore. I’m just glad Covid is over and traveling is good. Laying back in Hawaii and relaxing in the sun is where I’m at these days. Just turned 49 yesterday and feeling mighty fine. Eventually all will come RLK. It will just take a couple years to get there. That severance part of the deal is a bummer. The fact they included that in the restricted period is telling. Not surprised of the delay measures. Still lots to do in BK. One more year or maybe two more in BK. I wonder how INVO deal will play out. Still have Satellos Bioscience and the BioNanoSim company to go through. That’s two more mergers to keep our attention heightened. Have a great weekend. Hula Hula Cuckoo Penny

[Letterpenny]

Hey RLK. My thoughts are that it doesn’t happen this year. I think Teper will wait till next year for liquidity, Alex has gone nowhere and isn’t expected to leave for some time. He’s been given no notice nor has he given any notice to the company of his departure, He then has six months to divest. I don’t see that happening until new year. The company is in restricted period until Alex is no longer getting paid or on severance. So that itself will take time to iron out. Yes I agree, the rat will eventually come back once Alex is removed. I would prefer to have Alex but I guess beggars can’t be choosers here. I guess we’ll have to accept what comes our way. Hula Hula Cuckoo Penny

[Letterpenny]

It should be effective in a dozen days or so. Two months has passed by. Then another 6 months to IPO. Maybe they pull the trigger sooner than later. Thoughts? Hula Hula Cuckoo Penny

[Letterpenny]

A great day to have a hearing. Good times people. Hula Hula Cuckoo Penny

[Letterpenny]

On May 2, 2012, Lonza granted Immune a sub-licensable, non-exclusive
worldwide license under certain know-how and patent rights to use, develop,
manufacture, market, sell, offer, distribute, import and export Bertilimumab, as it
is produced through the use of Lonza’s system of cell lines, vectors and know-
how. If Lonza manufactures Bertilimumab, Immune is required to pay to pay
Lonza a royalty of 1% of the net selling price of the product. If Immune or one of
its strategic partners manufactures Bertilimumab, Immune is required to Lonza
£75,000, or approximately $113,873, annually during the course of the license
agreement (first payable upon commencement of Phase II clinical trials) plus a
royalty of 1.5% of the net selling price of the product, and if any other party
manufactures the Bertilimumab, Immune is required to pay to Lonza £300,000, or
approximately $455,490, per sublicense annually during the duration of such
sublicense plus a royalty of 2% of the net selling price of the product. In addition,
Immune is required to pay Lonza £2,000, or approximately $3,045, for the supply
of certain cell lines, if it uses such cell lines. Notwithstanding the foregoing,
Immune is not obligated to manufacture bertilimumab through the use of Lonza’s
system. The royalties are subject to a 50% reduction based on the lack of certain
patent protections, including the expiration of patents, on a country-by-country
basis. Unless earlier terminated (including, but not limited to, the reasons set
forth below), the license agreement continues until the expiration of the last
enforceable valid claim to the licensed patent rights, which expire between 2014
and 2016.

[Letterpenny]

Like I said…..Enjoy 2024. 2025 will be monstorous

. Filing an SEC Form S-4 is a critical step in the initial public offering (IPO) process. The sec review process can be lengthy and complex, but it is necessary to ensure that the company complies with the regulations and requirements set forth by the SEC. The SEC review process for an SEC form S-4 can take several months, and it is important for companies to be prepared to navigate this process effectively.

1. Understanding the SEC Review Process

The SEC review process for an SEC Form S-4 involves several steps. The first step is the initial review by the SEC staff, which takes approximately 30 days. During this time, the SEC staff will review the Form S-4 and provide comments and feedback to the company. The company will then need to address these comments and make any necessary revisions to the Form S-4.

The next step is the second review by the SEC staff, which takes approximately 45 days. During this time, the SEC staff will review the revised Form S-4 and provide any additional comments or feedback. The company will need to address these comments and make any necessary revisions to the Form S-4.

Finally, the huge kicker people is that the SEC will declare the Form S-4 effective, which means that the company can proceed with the IPO. This process can take several months, and it is important for companies to be prepared for the length of time and the level of detail required during the SEC review process.

So as you can see it takes approximately 75 days from S-4 filing be filed for it to become effective. That’s nuts. What’s even crazier is that it takes several months from effective date to file the actual IPO. This is where my ESH example comes in handy. I believe we are only a few months out from IPO. So maybe by month end or early April we will become effective. Thats when June will be a good time to merge. Then de-SPAC will take us into next Spring 2025 which should bring us close to go time. I’m so glad I found this latest info. Now you all can just relax and enjoy as the year unfolds. Hula Hula Cuckoo Penny