Biostax Corp (BTAX)

[noreen]

IMUN first closed under .01 on 10/30/18. 30 trading days in a row from that date would be 12/12/18. 90 regular days from 12/12/18 would be 3/12/18. Not sure if I am exactly understanding the rules correctly, but I think that I am. This would mean that IMUN needs to close above (or is it at or above .01) to not get delisted. Obviously, the MM's can make the PPS whatever they want it. So it went back over .01 now because the MM's allowed it to happen, and it seems obvious that the MM's are in collusion with IMUN management, and they don't want to get it delisted.

What I'm trying to say is that it looks like MM's are keeping it as low as possible while making sure that IMUN doesn't get delisted - in other words - we could see it closing at low .01's until big news comes out (hopefully big news being the DEF14a which should be here no later than next week according to the Feb 28 date to vote on the R/S). Could still go sub penny mid day, but I'd be pretty surprised if it closes under .01 (although being that it is this early before March 12 - if it closes under .01 today, we could still get 10 days in a row closing above .01 by March 12). I'd still be pretty surprised if we saw a close under .01, but we'll see I guess.