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Letterpenny
You do realize that you have 100% loss .
You are delusional if you believe you are going to receive any money.
Cheers
I’m glad I made my proof of claim. I’m also glad that I’m not just a shareholder but as well a big old creditor. Pretty sure most of us are the same in in this boat. Some bigger and better. But hey, who’s counting shares. I’m pretty confident in my work here. I absolutely agree with your thinking Mike. Great work on your part. Good job. Cuckoo Penny
Immune Pharmaceuticals and its Subsidiaries Chapter 7
Last in line are the company’s stockholders. They take the greatest amount of risk in the success or failure of a company. Thus, their recovery is limited by the preferential claims of secured and unsecured creditors. Stockholders cannot recover any assets if the secured and unsecured creditors’ claims are not fully repaid.
Unlike an individual debtor, a non-individual debtor does not achieve a discharge of its debts following liquidation; discharge of liability is only available to individual debtors (see 11 U.S. Code § 727).
After the trustee a final report and the trustee is discharged from his position by the judge immune pharmaceuticals will be a shell company with no officers or directors just liabilities.
Shares of Immune Pharmaceuticals WORTHLESS
Cheers
We need that Final Decree. Good times. Cuckoo Penny
Letterpenny
Immune pharmaceutical and all its subsidiaries: Under the United States Bankruptcy Code Chapter 7 It means that the company stops operating and all its assets are put up for sale by a court-appointed trustee, with the proceeds divvied up to the company's debtors in order of the seniority of the debt.
After the trustee files a final report and the trustee is discharged from his position by the judge immune pharmaceuticals will be a shell company with no officers or directors just liabilities.
Shareholders value will be zero.
FYI
Immune Ltd Israeli company shareholders will receive zero.
Immune pharmaceuticals owns 100% shares
of Immune Ltd will be receiving approximately 10% of the funds loan to Immune Ltd while other creditors are receiving approximately 80+%
Read the proposed settlement agreement.
Shares value zero.
Remember Victor was buying Ceplene and Remember Daniel Kazado and his 5 million dollars credit line
Remember spin off all never happened.
Shares pop and then toxic financing and then bankruptcy .
Your investment in Immune pharmaceuticals worthless.
Cheers
So I expect no filings this month. The filing parade didn’t start last time until first of August. What’s more interesting is that they never quite filing the last time they played this gambit. So that makes me conclude that I know nothing about nothing. All you have to do is compare the filing and reporting dates and nothing lines up here. Nothing matches to what we are doing today. Of course they are very different types of deals. This time they have really prolonged the deal and like I said it’s all pending on bankruptcy. So with that at the forefront of my mind, I can honestly say that I see this not being finalized for quite some time. I never really compared the reporting dates and now that I have. I can see that they are doing things much different. For some reason, and against my best judgement I continued to compare filing / reporting dates. How foolish of me for sure. Just shows how inexperienced I am. Lol. Obviously no brains here. lol. I admit my nativity. Any ways. Bankruptcy is definitely the determining factor and that’s an ongoing charge on their end. Like my buddy Mike says. We still have remnant sale which we all know will take some time. I assume all activities that get done will continue to be on the down low and won’t be reported until Super 8. Nice thing is Final Order is coming soon. Then maybe a remnant sale if Trustee can find those assets that Oakridge Boys want. I’m wondering though….I thought we wanted those SATT Sud-Est assets. Why give those babies up. Something fishy there. I’m thinking they could sell some old computers and a few desks. But not the SATT toys. Any ways. What do I know. Not much. I guess Mike they will start up the Remnant sale this month and have it go for a few months which will then provide discharge etc. Thats my assumption based purely off speculation . Does anyone know what happens immediately after discharge??? I’m thinking company just regains it’s ability to operate and list again. Collaboration can then be shown??? Who knows. Enjoy the summer. July and August should be very quiet. I have no comparisons…..so all up in the air. Cheers. Cuckoo Penny
All I can say Loxxx, is that Bob is trying his best. I’m proud of him. Bruce. I see what you’re saying and I’m proud of you as well for making the effort to understand things. I wouldn’t be so concerned about that stuff. August will be a changing of the tides. Financing and conversions and all the good stuff will be soon following. We won’t get our true listing until second half of 2024. Sadly some may sell share before then. I sure won’t. I’m just going to hold onto my holdings. I’m hoping and praying that these financiers stand by and fulfill on their desire of buying cheap shares. Obviously prices will be a little hire than before but maybe not as drugs aren’t tangible until they are wanted to be. Lol. I think Alexion partnership was great same goes for Meda when it was involved. It’s just a repeat of the same story. Fingers staying in the pot until they want to grab hold of the reigns. We are are still a long ways away but it’s truly up to the other players to decided that and we will never know the true outcome. All I know is they will play this whole merger deal as it’s a going concern that needs dire financing to continue. Being so dire means they need some very cheap financing from the same financiers that have been carrying them along. I doubt anyone is leaving the party after what has been proved. Then again. What do I know. Some folks might want to move on to Meta or whoever. I’m happy with our situation. I’m only looking at things from a tax point of view now. I just want everything to start of slow and low. Teper can take as long as he wants. My hands are full of shares and life is good. Stay strong and move on. Be well. Cuckoo Penny
Yes I agree Bruce. Lots of updates without any liquidity for shareholders. But I definitely agree. Lots of updates. Next year is where it’s at. I wish reverse merger would happen this year. Not going to happen. Different set up from last time. Hopefully we start the financing in second half 2024 like they mentioned. We need to still create that public ready news flow. Enjoy next twelve months of updates. Good times. Sadly no liquidity for us shareholders. Be well my good people. Cuckoo Penny.
LK, what is your comment to bob397?
30th of june * 2.
Best/Loxxx
Hope all of you do well this Fall. We will win. Cuckoo Penny
Happy Canada Day
Have a blast tomorrow
Life is good
God is Awesome
Thanks for the digging. You, Bruce and RLK is keeping the head high.
And have a good time on the vacation, say helo to the family.
Be well!
Hilarious. Don’t think so big shot. I’ll wait to be bullish in the Fall. Choo Choo Cuckoo Penny
For Cellectis voting results, you will need to go to another section in website under meetings. It lists everything out for you. It’s not under SEC filings.
Cellectis had a good shareholder meeting. All approved. Whistling Dixie Cellectis Shareholders. Good work Russian sharpshooter. Great renewal Pierre Bastide. That influencer is everywhere getting the job done. Hilarious. Cuckoo Penny
The only person benefitting and increasing his ownership is Teper. Sadly us shareholders receive 20-25% percent less in our holdings. Israeli Trustee didn’t want to give us anything according to filings. Disappointing but that’s the way the cookie crumbles. Choo Choo Cuckoo Penny
Default. Default. Default. It’s coming as planned. Lol. Fall / Winter will be great. Cuckoo Penny
At the end of the day Teper doesn’t need to say boo about anything. Silence is golden in their eyes. Being EGC and in bankruptcy helps them stay very quiet until the time is right. Good times. Cuckoo Penny
Loxxx, I will mention that this next reverse merger is what Teper alone created by forming Cytovia Tx and Immune previous. It will be interesting to them merge. Obviously Epicept was a completely different entity unto itself that I don’t believe Teper played a role in. This new reverse triangular merger etc is all on him and his creation. Not tying to give him and kudos, I’m just pointing out that it is a different set up and maybe there will be some slight variation in timing and arrangement. I just know all has to be completed by February. I’m hoping with fingers crossed that they do something similar as they did in 2013, but that’s just me hoping and wishing. I for one would like to watch them do the multiple financing and step the price up from hopefully a low ball listing. I also would like to watch a remnant sale happen in Fall. I wish I could see reorganization filings from 2013/2014. Sadly all that info is non-existence. That’s life for you. At this stage I remain a fool flying blind. I’m pretty sure Cellectis will default, can’t see anything completed purely based on the fact that bankruptcy isn’t completed and distribution still needs to be settled and final order finished etc. Plus, Trustee still needs to settle with debtors lawyers blah blah blah. I find it interesting that the Trustee hasn’t mentioned remnant sale but maybe that will be brought up soon enough. Who really knows. I sure don’t. I’ve never gone through a bankruptcy before. All new to me. Fun times. I’m just glad to come for the ride with all those brilliant creditors and banker swindler type folk. It’s been a pleasure being trolled. Be well. Cuckoo Penny
Loxxx, if I can do it, anyone can. I have zero education. Zero diplomas from high school or post secondary. I have done nothing to deserve this, right? Lol. I’m just a loser in everyone’s eyes on these boards. A simple minded idiot and yet here I stand. All I did was play the long game, right? Lol. Simple, buy and hold, right? Can’t believe a huge fool like myself is going to be so filthy rich. What a country. Lol. Cuckoo Penny
Hey thanks Loxxx. I will be filthy rich eventually. Great times ahead. Right now I’m just rich. Soon filthy rich. It pays to buy and hold. It also pays to be an idiot such as myself. What do I know about anything. Absolutely nothing. Cuckoo Penny
I think you all are great. Soon Fall will be great. Look forward to default.
Almost a anniversity of that one...
Part of this journey bring back bad memories.
I hope you become filthy rich LK!
Letterpenny:
Hilarious
You have a lot to learn about United States Bankruptcy Code.
Merger : No way
Your alleged 17 million shares of Immune Pharmaceuticals..WORTHLESS...
What happened to your huge holdings in Immune Pharmaceuticals of Nevada?
You are a expert talking in circles.
Your investment in Immune pharmaceuticals WORTHLESS.
Great tax write-off
Cheers
It’s going to be crazy how the dust settles after all the dilution. At least I get to keep those 17 plus million shares I have after merger. Sucks that there wasn’t any real shares attached to the deal. Pro rata spin off shares are literally nothing. I wish I had invested much more in this deal. I won’t get many ADDITIONAL Cytovia Tx shares based on my original investment value. Sucks. That’s the way it goes people. Cuckoo Penny
I’m sure Discover Growth Fund or whomever will do the same deal as MidCap III Funding. They will bless the merger and then renew and extend out loan. So excited. Cuckoo Penny
Watch how they did the MidCap III financing. It’s awesome. Love how they spread it out big time. This is such a good thing for me and my TFSA. So crazy.
https://www.sec.gov/Archives/edgar/data/1208261/000129993313001574/htm_48395.htm
Can’t make this shit up people. Some folks will be knocked right out of the picture. Like see ya later gator. You lose. You screwed. Them the breaks. Same goes for me. Sucks to be right. I hate being right. Ouch. At least I will still have Hawaii and its palm trees. Sorry to see that many will be obliterated. I plan on holding what little I have. Scary times. Only months away from annihilation. Hey Mike. Only the strong and very rich will survive. Lol. Choo Choo Cuckoo Penny
See how they listed. Proof is in the pudding.
Item 8.01 Other Events.
On August 20, 2013, EpiCept Corporation announced that its 1-for-40 reverse stock split and change of corporate name to Immune Pharmaceuticals Inc. would become effective at 5:00 p.m. EDT on August 20, 2013, and that trading of its common stock on a post-split basis would begin on the Nasdaq OMX Stockholm Exchange and the OTCQX U.S. trading platform on August 21, 2013. The press release is attached hereto as Exhibit 99.1.
See how they screwed shareholder holdings and increased financing
https://www.sec.gov/Archives/edgar/data/1208261/000129993313001574/htm_48395.htm
Letterpenny
You are wrong again :
Immune pharmaceuticals will never trade again
Cytovia inc is a subsidiary of Immune Pharmaceuticals and is being liquidated.
Remember you said : Spin-Off is going to happen...Never Happened
You said shares will never be revoked..It happened
You said never will be converted to Chapter 7 ..it Happened
Now you say you have prorated shares of Cytovia Therapeutics if that's true you had to purchased said shares directly.
Value in immune pharmaceuticals Zero
I hope no one purchased shares based on your buy recommendations .
..100 Percent loss.
You are completely Delusional
Cheers
That contingent thrown out the window. Oops. Amendment won’t happen either. Still need to wait awhile longer. Oops.
Immediately prior to the closing of the Business Combination, the outstanding principal amount of the Convertible Note plus any accrued and unpaid interest or other amounts payable thereunder (the “Outstanding Amount”) will automatically convert into shares of Cytovia Common Stock at a per share price that will result in Cellectis receiving a number of shares of Isleworth Common Stock equal to the Outstanding Amount divided by the lowest price per share paid by any subscriber in the PIPE Financing (such number of shares of Isleworth Common Stock, the “Note Conversion Shares”).
Super glad this happened.
Cytovia Support Agreement
In accordance with the Merger Agreement, within 24 hours following the execution of the Merger Agreement, certain stockholders of Cytovia representing the requisite votes necessary to approve the Merger Agreement are expected to enter into support agreements (the “Stockholder Support Agreement”) with Isleworth and Cytovia, pursuant to which each such holder will agree to (i) vote at any meeting of the stockholders of Cytovia all of its Cytovia Common Stock and Cytovia preferred stock held of record or thereafter acquired in favor of the approving and adopting the Merger Agreement, (ii) be bound by certain other covenants and agreements related to the Business Combination and (iii) be bound by certain transfer restrictions with respect to such securities (i.e., a “lock-up”) to be provided in the amended and restated bylaws of Isleworth, in each case, on the terms and subject to the conditions set forth in the form of Stockholder Support Agreement.
36 months from agreement
Registration Rights
Pursuant to the Registration Rights Agreement, dated as of February 24, 2021 (the “Registration Rights Agreement”), among the Issuer, the Sponsor and certain other security holders, the holders of the Founder Shares, the Private Warrants (and underlying securities) and any Working Capital Warrants (and underlying securities), including any securities of the Issuer issued as a dividend or other distribution with respect to or in exchange for or in replacement of such securities (collectively, the “Registrable Securities”), including the Sponsor, are entitled to make up to three demands that the Issuer register such securities. In addition, the holders of the Registrable Securities, including the Sponsor, have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the Issuer’s consummation of a Business Combination.
Soon I will super rich. Richer than most. Too bad you never kept your shares like this rich guy. For many years I tried telling everyone to keep buying. I publicly purchased shares every few months for years. I purchased millions upon millions of shares. What can I say. I’m a fricken genius that’s going to reap so much goodness. Someday you will see just how good I do. I’m a pretty private guy so I won’t be rubbing it in too much. I prefer to hit it and quite it and run like the dickens. I have nothing to prove. When you are the best, it’s simply seen not spoken. Choo Choo Cuckoo Penny
It’s nice to see you back Mike. Hope you had a wonderful trip. I had a good one too. Soon off for another trip come Friday. I will be away most of summer. That’s what rich crazy people do.
There’s still a long process ahead of us.
I have pro rata shares in Cytovia Therapeutics. Sorry you are absolutely in denial and I’m totally cool with that.
All or any portion of the Face Amount of the Debenture may be converted, in part or in whole, into shares of Common Stock, at any time or times after the Issuance Date. Issuance date is October 18th, 20218.
Notice how they say after. So Don’t expect anything soon. Maybe resales will happen after October into the new year. Possibly February 2024.
Cytovia Inc is a subsidiary of Immune. Sorry to burst your bubble.
Letterpenny
You are talking about Cytoviatx or Cytovia Therapeutics not the subsidiary of Immune Pharmaceuticals .
Therefore shareholders will receive no value from any transaction involving Cytovia Therapeutics or Cytoviatx.
That is fact not fantasy.
Cheers
Truth and Justice
Cytovia Series A funding 7.82M happened on July 18th, 2022. Great memories. Choo Choo Cuckoo Penny
As expected, 20 percent less coming to US debtors / general creditors / shareholders. Sucks but that’s the way it goes. Lol. That doesn’t even count the dilution from reverse split. Lol. Cuckoo Penny
So settlement will go as planned if no objection prior to July 18th. That’s great news. Aloha. Cuckoo Penny.
Immune pharmaceuticals shares will never trade again.
To state otherwise is disingenuous.
Truth and Justice
Cheers
I wonder what exchange we will go on. Maybe the Nasdaq First North. Maybe we just go back to Nasdaq. Cuckoo Penny
Final Order comes at the end of the month. Should be a good start. Claims will then be settled on a pro rata basis. Good stuff. Cuckoo Penny