Immune Pharmaceuticals Inc (fka IMNPQ)

[Letterpenny]

Sorry people. This SNOWPLOW is absolutely wrong. Firstly there are two secured creditors. Hudson Bay Master Fund is one of them. The other is Discovery. Hudson’s was unsecured but became secured when they filed a lawsuit against IMNP before the petition was done. Everything is planned out by Teper. All is described in the filings. So that that’s the one thing I do agree on.

It’s idiotic to think that John just had discovered what the bids were going to be. We all knew what the potential bids were going to be. A no brainer. I for one could care less about UC results. We have strong BP results and that’s all that is important to achieve high bids. The fact alone that IMNP neglected to pay any debt yet Discovery gave them a loan is hilarious in itself. The whole plan was to take a loan and then have Discovery push them into bankruptcy to do a deal that would allow them to transfer assets without taxes and in the end free and clear.

Teper has the means and it’s fair to say he’s had them all along. They have the rights to the Ceplene and deal has probably already been approved as they don’t need any court date to get approval with an outside BK sale .
I for one do not for one second believe this is just a Ceplene sale. It will be a merger. Mark my words. Skiier is just trying to provide insult to the misery for many of the longs here. I for one am quite excited for the end result. The reverse split won’t be lovely to deal with but I expect it. Quite sad actually. Won’t stop me from buying more. This delay is not only because they are waiting to do consummation. I believe there is a block on the shares that they are waiting for to end. Lots going on behind the scenes.

The only reason Chapter 7 would be denied is because Discovery has absolutely no control over anything. Hudson Bay Capital on the other hand has huge control. Huge!!!!

I would prefer Chapter 7 over what’s coming. We would get huge money in Chapter 7 liquidation. The trustee would work hard on getting us top dollar. But in the end we most likely settle for merger and partnership and offering to follow. Teper has always had the money. He’s raised huge money for this company and is very good at raising money. I love how SNOWPLOW is saying that Teper can’t raise money. He just. talked about a 60 million offering in January. Does that sound like he can’t raise money. Hilarious. IMNP just got approval for BP and orphan status and European approval for Ceplene yet they can’t raise money. Hilarious. They were raising money when they had far less. SNOWPLOW, do you raven compute how stupid your words sound. To actually take the time and think about that. Just stick to learning the alphabet like a first grader. I love how you use dollar amounts without any math to them. You just spew out false numbers. Only a fool would listen to you.