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you can sell your shares at a lot of brokers .
news of a reverse merger and limited updated info(as a lot of the pink otc)is enough reason to suspend a stock per sec website. They want to limit reverse mergers. IMO
Grey is fine and and with good news great!
George from twits got a reply: SEC working with trustee as a separate matter and Adeel work with trustee on a separate matter on the merger.
It may go up when shorts cover 62% is high.
data from a month ago
That short data is old
It is my understanding you can still sell your current position at most brokers but not buy. I believe there's some big fees also. So if everyone is selling the price will be peanuts at the open as there are limited buyers (except some short who have to cover because of the 62% borrow rate). Maybe 10ths of a cent. Then someone can come in and scoop up. As I said not a huge reason to sell as price could be super low. I'm SUREOthers HERE will say get out while can but with BK still going on and my belief they need the IP rights it will surprise many who sold for nothing but we'll see. If WHAT Others ARE saying about price drop is true its not worth selling. Especially the at the open first day but well see where it opens at. I'm sure many will sell.
Don't forget Kirklands case
We're suspended. In 10 days we may go gray . We'll see .Its my opinion there is something of value here that someone wants. If you read the docket you would see trustee did not understand about Ip right or if they were sold or another asset. SOMEONE needs them for a reason. Some people may sell for peanuts. Price may fall. Someone may scoop up cheap shares but I am not selling. We may get something back just from bk . No real $ figures have been released. NOT selling!
Correction not bankrupt in bankruptcy.
The SEC didn't say it was fake just risky (or questionable) as no up to date info is available.It is coming out of Q so it is risky but no more than it was for 2 years. There is a reason they (merger company wants this. Others may not understand why as they don't know whats going on in the bankruptcy.
what make you think they are fake? 8k , merger with Nevada company(reincorporation)? bankruptcy finishing up? remaining value ? company is not worthless as the reason for merger.
Then maybe a merger of another
from 8k shows that a merger with new Nevada company.
in April 12, 2021 a new Nevada corporation was formed to merge and survive the bankrupt Immune Pharmaceuticals Inc (NJ).
It can and is planned to be done.
do you think there will be failures here....
Your talking about shorting the right way. Naked shorting ?? is done by the people more in control.
I thought they would merge with the remaining shell for IP rights and move to the Nasdaq eventually. It was explained to me yesterday that they cant move to another state (reincorporate). I was then told that wasn't happening because there was no reason to do it but there are reasons. Different laws in different states and one of best and only time it can be done. Then I was told this is just the beginning of bankruptcy but after 2 years I think they have enough to pay off creditors and whats left will merge with one or two others companies for the remaining value and shareholders. The one explaining doesn't know whats happening in this bankruptcy or the players or why it has value.
He's just trying to help!
Chapter 7 is liquidation and shut down of the company, period
What if a company has several other companies merged with it and assets enough to pay off debts. It still can't be taken out of 7? What if another company wants the IP rights and wants to merge with the rest of company to get them? Why is this far from over? been here years.....Thanks again for your help again
a different states laws may be more inline with the new business or at least better than the old. It's the best and one of the only time you can do it. Thanks for your help again.
Not true ,a change of Inc can happen when you start a new company in one state and merge with the old . Happens after bk some times. Same name is fine. Reincorporation thanks for your help.
Thanks for help but I have my shares and not selling even if others do. I may buy more if I can
to go to the nas with cytovia merger.
lol, hold all tickets! This is going back to nasdaq soon.
yet, can't move shuffle shares now. 2-3 days will tell. 10 days really should
As to shorts or (naked shorts)does it not stand to reason a lot of failure to delivers will come if not trading and there really are is a lot of shorting? Just a question!
The financial terms of the partnership include up to $760 million of development, regulatory, and sales milestones from Cytovia to Cellectis for the first 5 TALEN® gene-edited iPSC-derived NK products (“partnership products”). Cellectis will also receive single-digit royalty payments on the net sales of all partnered products commercialized by Cytovia. Cellectis will receive an equity stake of $15 million in Cytovia stock or an upfront cash payment of $15 million if certain conditions are not met by December 31, 2021, as well as an option to invest in future financing round.
It does keep the blood pumping.../\/\..
Teper has been trying to spin this to himself for years
I don't think Advanz is the company. That's a different Ahmad. ADEEL AHMED DAUDPOTA is CEO of united general LTD. a front company. I believe it could be Cytovia merging with Immune as you can see by news today Pint is selling Ceplene to south America countries.
ameritrade
I still thought they would munch it up more at this price.
The buying of these cheap 2-3c cheap shares has slowed. Is someone getting full already?
I agree, still in the dark as always. They can't really make a valuation without a lot of counting whats owed and cost. Then valuation and yes They most likely are buying share after shaking the tree . why not. They have to make it good enough to get past court.
Discover may have a bunch??
Pw's favorite Eric H. , Teper still holding ,Kaz , all us long time holder in BK have millions each.
I think a tad more like 181.9m total but?