InvestorsHub Logo
Followers 16
Posts 4650
Boards Moderated 0
Alias Born 08/11/2015

Re: LW89 post# 5824

Wednesday, 05/23/2018 8:28:48 PM

Wednesday, May 23, 2018 8:28:48 PM

Post# of 18220

But more puzzling to me is why they are only filing the 8k now...since the date on the 8k is mid-April.



This is what the 8-k says...

On April 17, 2018, TNI BioTech International, Ltd. (“TNIB”), a subsidiary of Immune Therapeutics, Inc., a Florida corporation (the “Company”), effected a power of attorney (the “Power of Attorney”) which grants Fidson Healthcare Plc, a Nigerian company (“Fidson”) the authority to act on TNIB’s behalf in Nigeria with respects to Lodonal™, the Company’s lead drug candidate, including but not limited to submitting registration documents to regulatory authorities, following up on registration procedures, and all related other matters. The Power of Attorney is valid for a period of five (5) years. On May 16, 2018, Fidson formally accepted its appointment as the sole distributor of Lodonal™ in Nigeria.



That's why they just published it now, because the news that they're reporting is that Fidson accepted being the sole distributor on May 16.