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Re: UP Trend post# 11405

Tuesday, 05/11/2021 1:58:36 PM

Tuesday, May 11, 2021 1:58:36 PM

Post# of 13898
The "discrepancies" are really straightforward. The company is in Chapter 7 bankruptcy, and that only ends 1 way according to the US bankruptcy code, with liquidation and shut down, and that is why the SEC mentioned it in their suspension order.

My reply from the assistant was this:

Please be advised that I represent Jeffrey Lester, who is the Chapter 7 Trustee for Immune Pharmaceuticals, Inc. and its subsidiaries. He has forwarded me your below e-mail for response.

In that regard, the Trustee was previously aware of the suspicious activity described in your e-mail. He reported it to the SEC and other regulatory authorities. I understand that they are investigating and are taking such action as they deem appropriate.



My description to them described the 2 fake 8K's touting the new corporation in another state and the appointment of new officers of a company being shut down. You cannot even do that in Chapter 7 bankruptcy proceedings, and if it were in Chapter 11, it would require approval of the court.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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