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It’s right here, says merger with pharmaceutical in 8k
https://www.otcmarkets.com/filing/html?id=14865049&guid=-x6pUaOswTPNcMh
They did issue an 8k, check the filings. They did it as soon as they got their Edgar access.
https://www.otcmarkets.com/stock/IMNPQ/disclosure
The point was SEC being crooked and using their powers to manipulate the market and abused it. They wrongfully halting PHOT as an example to bail out MM from the epic squeeze that was happening in the mmj markets.
Also only suspended play i know that’s come back from greys.
Yes there were a lot of scams and still are but there are also a ton of MM manipulation that goes on that SEC turns a blind eye to.
If they are gonna suspend one Q play for filings, they should suspend them all, not just ones where MMs were being reckless.
No one will ever convince me SEC helps the little guy as they have done nothing but hurt so many little guys at expense of being puppets for corrupt big money.
Yes and I was a shareholder that got caught in that halt and all my other mmj plays took huge hits that day. Was nothing more than SEC abusing their power and making an example of PHOT. No mgmt was fined or jailed for that.
Do you really believe that MMJ needed any pump back then, all a company had to do was say they are in mmj, and stock would soar beyond imagination. PHOT was one of the few that had head start on others in industry, that’s what fueled it as one of the leaders. Nobody was jailed or fined.
Why was PHOT suspended then? SEC never provided any reason when they reinstated them. This only example I can recall of top of my head that came back from greys.
These halts don’t help anyone but MMs as they get to manipulate share price even more on greys to get bailed out.
There weren’t many mmj plays back then, it was the top mmj dog on otc. This was just a classic example of SEC corruption.
The company itself did no wrong, they were just used as an example to instill fear. They falsely halted a company for no wrong doing to use it as an example. Just dirty.
PHOT was a leader in MMJ and the whole sector was flying, crippling MMs all over the place, some reckless ones were on brink of getting squeezed to point of bankruptcy, so SEC had to bail them out and suspended the top dog to Instill fear. They suspend PHOT, crippled the mmj market with fear and sent PHOt to greys, then some time later they reinstated PHOt and said they didn’t do anything wrong. It was just orchastrated to save MMs from going bankrupt.
That’s how crooked the SeC is! They did it with the bitcoin and the recent bubble. All these halts few months ago was to slow down market and instill fear.
SEC is corrupt! Just look at madoff story as another, how many got swindled because big money paid of at SEC to turn a blind eye.
Another one is OWCp, stock was soaring. Then sec said they were investigating the company so ticker began its crash and boiler room bashers were egging it on. Later sec said company did no wrong but a promoter sold shares while promoting the company so fined him 5 million and said company did no wrong. Not only did sec cripple the company on this false claim, they made 5 million from a promoter and pocketed it.
Sec is nothing more than an organization to protect big money, I have yet to see them do anything for the little guy.
And look at how many Q plays that are current, hardly any. Once a company files for bankruptcy what do they care to go current. This was a targeted attack by SEC to bail out the manipulation, so dirty.
New mgmt is expected to get filings from old mgmt and audited in 2 weeks, SEc knows that’s gonna be out of their control in such short timeline forcing it to go to greys so MMs can manipulate price down in grey market and get bailed out.
SEC screwed us to bail out the reckless MMs one again, plain and simple.
Yeah that sounded ridiculous to me too, so someone can short a stock to death and then put up fake DD on stock twits to get it halted, it’s absurd. Has nothing to do with company.
Only thing that makes sense is anyone watching L2 for past month, MMs were being reckless and kept getting caught. We even had few days where basically all volume was short volume.
Same, my top 10 now 11 losses all come thanks to SEC, yet they are protecting us. Such BS, they are so damn crooked. We grind it out daily, then when we got reckless Mms on the ropes, the useless SEC bails them out. It’s just too much.
SEC will never do anything to help the little guys, they should be enforcing naked short abuses yet they bail them out on ridiculous charges. A q with filings not up to date is by far the dumbest reason I have heard.
Yeah it’s sad shorts can’t play fair and need the crooked SEC to bail them out after being reckless for weeks. Just sucks no one is looking out for the little guys, really wish SeC would get investigated. They use “protecting little guy” yet biggest losses all from these pos halts that are used to bail out reckless shorts.
How is saving a Q bad news for shareholders, yet SEc has to cripple the chance for shareholders to recoup losses from the bankruptcy to bail out the dirty MM manipulation. Then they use something that is so out in left field to hurt any chance of Q dropping.
This is happening too often and has to stop! If they gonna go after company should be when there is no volume rather than wait for litte guys to be going green and then wipe them out to line the rich pockets.
Everyone knows halts don’t help anyone but the reckless MMs. It’s blatantly obvious.
Here is reply I got
Hello,
We spoke with the sec today along with the trustees and further spoke with them last week regarding the takeover.
The suspension was likely volume and fake dd related on forums.
We have received many calls today however all we can say is we Will continue on with our plans but do not promise any timings and you are at your own risk. Germany is still active for Immune.
Adeel
I got same reply, in auditors hands, all depends on how quick they are.
They drop the filings and open up above silver!
Time to buy the fear...
Hello,
We spoke with the sec today along with the trustees and further spoke with them last week regarding the takeover.
The suspension was likely volume and fake dd related on forums.
We have received many calls today however all we can say is we Will continue on with our plans but do not promise any timings and you are at your own risk. Germany is still active for Immune.
Adeel
That’s only way the reckless MMs get saved, on greys they can manipulate the price down to where they want to cover.
No one ever heard of a Q playing getting suspended over being current, but they knew they couldn’t target new mgmt on any wrong doing so they try to find a way that will make it very difficult for them as it’s not in their control.
Just another example of taking from the litte guys to feed the reckless rich. SEC needs to be investigated! These halts have never helped the little guy and just repeatedly bail out short MMs as they can set whatever price they need on greys.
Then they would have suspended based on news but they couldn’t get them there so they go after something not in their control. It’s so dirty and so wrong!
Then whole OTC should be suspended, like I said, I can list 100s of q plays with no filings yet they target the one where MM manipulation was rampant for weeks and they were caught.
Crooked as they get.
But conveniently suspended as MMs been manipulating for weeks and getting caught.
Why target this Q play now and not 2 months ago, why are there 100s of Q tickers not suspended for no filings?
I can list a boatload of Q plays, here are just today top 3 q gainers on list
NSlpq
Locmq
Stggq
There are 100s more that don’t have filings yet they target the one golden nugget where MMs got caught on the manipulation!
Then every Q should be suspended!
Anyone that has been watching these past few months has seen the manipulation by MMs but they keep getting caught, only chance they had was crying to SEc.
Looks like those that were shoring heavy on Thursday and Friday were in the know.
What are they supposed to tell SEC? Didn’t they just get access to file last week?
How is that the rescuing companies problem? They are trying to takeover the company an. If this is the case every Q should be suspended but crooked MMs make a few calls to get bailed out.
SEc has to get investigated. Why didn’t SEc step in when news came over a month ago? Why wait till when MMs are trapped short.
The problem is MMs don’t report their naked short positions, they get reckless on a play where there is no dilution and game changing news so they call out SEc to bail them out.
When have you ever heard of a Q play getting suspended for not getting current. Every Q play should be suspended if that’s the case.
Just got reply
“Trying to resolve however suspended due to something not in our control”
Minuscule OS still showing unchanged.
The guy just got his access a week ago to file and they don’t even give him a week to file.. this is another example of short MM getting bailed out by SEC.
Also agree the heavy shorting on Thursday Friday means someone was in the know.
SEC really needs to be investigated.
SEC protecting short MMs and saying they doing it for little guys bunch of crooks, this news has been here for months and they do it when short MMs trapped. Just dirty.
Damn, SEC once again bails out trapped reckless short MMs. Ugh!
What the why is it suspended?
Agree, another green close and another day entire OS turned over.
Gotta love Friday specials!
It will gap huge when that happens, we get even one filing of Monday and we gap to silver
Eturd trying to block again..He must be short, no one selling would put up big blocks if they really wanted to sell. Or just a newbie... oh well to each their own, we just lucky we stumbled upon this gem.
Would be nice to wake up to filings Monday morning.
Entire OS traded again today, obviously some manipulation going on or OTC updated numbers are wrong.
She is tough one to figure out, seem she goes both ways. May be more interested in a JANET then Tarzan.
PAUL is mm notorious for being parked on ask and diluting, he is on bid side, rarely see that.