Isleworth Healthcare Acqusition Corp (fka ISLE)

[Mikefbi]

Letterpenny
Immune pharmaceutical and all its subsidiaries: Under the United States Bankruptcy Code Chapter 7 It means that the company stops operating and all its assets are put up for sale by a court-appointed trustee, with the proceeds divvied up to the company's debtors in order of the seniority of the debt.

After the trustee files a final report and the trustee is discharged from his position by the judge immune pharmaceuticals will be a shell company with no officers or directors just liabilities.
Shareholders value will be zero.

FYI
Immune Ltd Israeli company shareholders will receive zero.
Immune pharmaceuticals owns 100% shares
of Immune Ltd will be receiving approximately 10% of the funds loan to Immune Ltd while other creditors are receiving approximately 80+%
Read the proposed settlement agreement.
Shares value zero.

Remember Victor was buying Ceplene and Remember Daniel Kazado and his 5 million dollars credit line
Remember spin off all never happened.
Shares pop and then toxic financing and then bankruptcy .
Your investment in Immune pharmaceuticals worthless.
Cheers