Mymetics Corp (MYMX)

[siar]

In my opinion it's all over. And I have no clue what would be possible. A specialized lawyer could tell you - you should remember that the legal form of the company is not simple and the company is controlled by a few insiders holidng the majority of shares. As far as I understand it, they can decide almost what they want.

But if you really want, you could try:
1. Request from the company information about the next general meeting.
2. There all minority shareholders have the right to request information about company matters or call for a special audit.
3. From German Wikipedia, automatically translated: "If the AGM rejects the latter, a total of at least 10 percent of the share capital or alternatively CHF 2 million nominal value can request the competent court to order an independent special audit."
(If you do this and if it's necessary I would contribute my percentage that these 10% may be reached.)

But I don't think this would lead to any meaningful result. The company is full of debt. There is nothing to distribute. Except if the NIH/HIV project was successful.
I don't know, but it could be possible that this project was successful and the company uses the liquidatin process to sell all the intellectual property. Then perhaps we could see some money. But firstly they don't tell us anything and secondly I don't believe so. If I am right, they could simply take all intellectual property out of the company in exchange for debt and close the company. Then they would not need to pay anything to other shareholders. Perhaps that's even fully legal. But again: I have no clue, I am not a lawyer.