Only the facts
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Did very well and also have a huge paper profit in icotf which offsets all my loses in imnpq
Imnpq bankruptcy will be over before the end of the year
How is vptdf treating you?
Yes then can but you stated closed.
Like many of your previous statements you are going make millions spinoff going happen whether I like or not etc
As I said over 2 years ago I was conned by all the smoke and mirrors.
They are sitting on their hands collecting salaries and expenses while doing nothing to promote the assets.
Remember you haven't lost a dime and never lose Only paper lost here .
Hehe
Again you just post to post why we will never know but your credibility is lacking
United States Bankruptcy Court is open on Yom Kippur .
They pull that motion because the company filed allegedly the monthly reports .
We shall see, justice moves slowly.
All the smoke and mirrors and failure to follow rules and regulations of the United States Bankruptcy Court
I would not be surprise that the United States Trustee or the Court on its own motion converts these proceeding to Chapter 7 and hopefully hold the company liable for false and misleading statements made to the Court.
Shareholders value will be zero and a write off .
The company and posting on social media for the past years has been false and or misleading and only benefited officers directors and etc .
John Clark controller paid 13450.00 July 15 2019
The directors fees has been deferred
V6
Immune pharmaceutical is all about smoke and mirrors and of course paying fees and salaries.
The courts eventually will see thru all of the smoke
On July 15 they received from oxygen therapy $34,970 and on july 15 wired most of the funds to Gary Rabin and John Clark
Shareholders are going to receive zero unless the officers and the board of directors are sued .
Check monthly report for immune pharmaceutical they are currently paying Gary John Daniel and Tony
Smoke and mirrors
Sad
Wrong about the price for Ceplene
They are behind in payroll etc
As always believe what you want.
Usually when a parent company files for bankruptcy along with its subsidiaries and request that the case to be consolidated they file consolidated monthly reports
Wondering ?? Will have this research.
I have to review Ltd and usa filing of September 30
Will update after reviewing
Still paying salaries to board members and officers
I was looking at their bank statements and the report to the courts
You are now stating that they have immune pharmaceutical Ltd filed separately?
Total unrestricted cash as of July 31 2019 was less then $2,000.00
This will all come to a head by the end of October.They have filed incomplete financials lack of candor false affidavit etc
It has been smoke and mirrors for sometime even now the company is planning on selling Ceplene for less then 5 million.
Ceplene had a 5 million dollars line of credit from a member of the board of directors.
It was a pump and dump.
Imo
Even though they filed June and July it open many more questions about their operation
The trustee should cross exam the officer and the board regarding fake news and misleading information supplied to the United States Bankruptcy Court
I won't be suprise the court issue a ruling converting the proceedings to Chapter Seven or dismissing the bankruptcy
They been giving misleading statements over 2 years Just look into the company slide projection charts
Immune pharmaceutical has been making false statements for over 2 years
Check https://www.stocktwits.com/r/immunepharmaceutical
Immune Pharmaceuticals's quarterly total liabilities increased from Mar. 2018 ($14.97 Mil) to Jun. 2018 ($17.61 Mil) and increasedfrom Jun. 2018 ($17.61 Mil) to Sep. 2018 ($19.87 Mil).
Most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. Purchasing stock of a bankrupt company for pennies per share and hoping to make a quick buck when the company restructures almost always turns out to be a bad idea.
The company may issue new shares upon emerging from bankruptcy, at which point the old shares are cancelled and become worthless. The new shares are often issued to its creditors in exchange for a reduction or forgiveness of the outstanding debt.
Lease termination the company forfeited
security deposit of 49,440.00
Lease was enter on February 26 2018 .
Payroll July 1 to July 31 30,900.00
Cash balances as of July 31 1987.00
John Clark
Gary Rabin
They claim I/C Rec from LTD is worth 18211537.19
past due to insiders
Daniel Kazado
Jeff Paley
John Neczesny
Anthony Fiorino
John Clark Gary Rabin
All will be paid before common shareholders
Net operating loss 37,563.37
Shows no allocation for clinical trials for July 1 to July 31 .
Lease termination the company forfeited
security deposit of 49,440.00
Lease was enter on February 26 2018 .
Payroll July 1 to July 31 30,900.00
Cash balances as of July 31 1987.00
John Clark
Gary Rabin
They claim I/C Rec from LTD is worth 18211537.19
past due to insiders
Daniel Kazado
Jeff Paley
John Neczesny
Anthony Fiorino
John Clark Gary Rabin
All will be paid before common shareholders
Net operating loss 37,563.37
Shows no allocation for clinical trials for July 1 to July 31 .
LK why are you posting looking to pump the stock or short the stock .
Contrary to what you say over 98% of small bio cap stock that goes bankrupt shareholders value zero
Regardless of the type of bankruptcy a company files under, any common stock in a bankrupt company is likely to be worthless. That is because the common stock (that is, “equity”) is the last in line to receive what’s available to be distributed in a bankruptcy proceeding. Creditors, including bondholders, suppliers and employees, all come before holders of the company’s common stock. And, even if a company successfully reorganizes, its plan of reorganization often cancels the existing shares of common stock.
Facts are posted
https://www.stocktwits.com/r/immunepharmaceutical
Wrong again started buying icotf in 2018
That's when you stated you sold out your position in icotf.
I am long icotf and imnp
My paper lost in imnp now is nothing compared to my paper gains in icotf.
Imnp is still a piggy bank for management.
As per filing in US Bankruptcy court
Wrong again started buying icotf in 2018
That's when you stated you sold out your position in icotf.
I am long icotf and imnp
My paper lost in imnp now is nothing compared to my paper gains in icotf.
Check out this room for real updates
https://www.stocktwits.com/r/immunepharmaceutical
LK is now saying he's long icotf
May 2018 i stated i have a position in ICOTF he stated he sold out ..
To buy a position in icotf equal to my high position in imnp shares it took me over 60 days Very low float
He keeps trying to help but giving ..HaheHa
Had to post just tried of his ....