MARKET SCAMS

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Stocklemon Reports Part 3 on Immtech International (IMM)



Attention Investors and Regulators:



Immtech (IMM)…A Web of Lies and Deceit…Part 3



The great American Poet Adrienne Rich once wrote, “Lying is done with words and also with silence.” It seems as if the silence that is spoken by Immtech speaks louder than any of the words put forth in their press releases.



During the past month there have been numerous attempts by Stocklemon and other investors to contact Immtech for clarity on a few matters. Immtech has not returned any investor phone calls or emails. This report will show another mysterious relationship held by the company that seems to have more mysteries than Sir Arthur Conan Doyle.



Another Mysterious Shareholder!!!



According to the Company’s 10k and the amended 10k, the second largest shareholder is a man named Donald Fitzgerald. Mr. Fitzgerald owns 522,800 shares (over 5%) of Immtech. This is more stock than even the CEO owns, yet has never filed a 13d. This is a Securities Violation. A Serious Violation of Rule 13D-3 Under the Securities Act of 1934. The address given for Donald Fitzgerald on these filings belongs to The Shamrock Restaurant. It seems as if Mr. Ftizgerald owns this Irish Restaurant in the hills of Maryland.

http://frederickcounty.com/dining/shamrock.htm

10ka 10/15

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000914121%2D03%2D0013
27%2Etxt&FilePath=%5C2003%5C10%5C15%5C&CoName=IMMTECH+INTERNAT
IONAL+INC&FormType=10%2DK%2FA&RcvdDate=10%2F15%2F2003&pdf=

10k 6/26

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000914121%2D03%2D000
804%2Etxt&FilePath=%5C2003%5C06%5C27%5C&CoName=IMMTECH+INTERN
ATIONAL+INC&FormType=10%2DK&RcvdDate=6%2F27%2F2003&pdf=





Stocklemon called Mr. Fitzgerald, and he abruptly hung up the phone on us when we mentioned the word “Immtech”. He asked us how we got his name. Amazing how some people forget this is a public company. It is the belief of Stocklemon that Ftizgerald is a front for the true beneficial owner of the stock and therefore has no knowledge of the company. Interestingly enough, Fitzgerald in not in the subsequent 14A filing that was filed in December. What happened to his stock? Is Immtech in Violation? Is Immtech covering up for someone?
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000914121%2D03%2D00
1762%2Etxt&FilePath=%5C2003%5C12%5C12%5C&CoName=IMMTECH+INTE
RNATIONAL+INC&FormType=DEF+14A&RcvdDate=12%2F12%2F2003&pdf=


Whereas most biotech companies might have a fund or an executive as their second largest shareholder, Immtech has the mysterious Donald Fitzgerald from the Shamrock Restaurant.



Stocklemon will now add Fitzgerald to the illustrious list of mysterious shareholders of IMM.



Let us not forget the largest shareholder Mr. Chan Kon Fung, who aquired 15% of the company in exchange for two empty floors of this office building that Immtech bought from an offshore corp. in the British Virgin Islands. If you have not seen what Immtech exchanged 1.25 million shares of stock click the below link.



www.bnettv.com



By the way…Immtech also paid $500k for that video on the above site.



Immtech still has not identified the beneficial owner of China Harvest International, who received 600,000 warrants for “work” done in China. Why hide this information?



These shareholders can be added to the list of those who received free stock in Immtech along with:



Gerald Sklar- The Notorious Stock Promoter in Canada

http://www.bcsc.bc.ca/Enforcement/eol/sklar_gerald.asp



Cheung Ming Tak- The Rogue Stockbroker in Hong Kong

http://www.hksfc.org.hk/eng/press_releases/html/enforcement/00/00pr79.htm





How are investors supposed to believe anything this company says when they refuse to identify beneficial ownership of certain entities?



Integrity is the key to the public marketplace. How is the consortium supposed to believe anything they are told by Immtech, when Immtech can not even communicate the truth with their shareholders?



Potential Legal Action



Stocklemon denies the allegations made by Immtech in a press release that Stocklemon manipulates markets. Manipulating markets is illegal and Stocklemon believes that a press release stating that we are involved in illegal activities is libelous. Stocklemon is not a front for hedge funds not do we print anything that we can not prove on the page. Everything in this and all Stocklemon articles is that of public information….just takes a lot of homework

Modern day thinker Noam Chomsky wrote, “It is the responsibility of intellectuals to speak the truth and expose lies.” That is the work of Stocklemon.



Conclusion



Stocklemon calls on management to address these issues to their shareholders and to the regulatory agencies. In the next installment on Immtech, Stocklemon will expose who is really pulling the strings at Immtech and how the stock promotion is being perpetrated. Cautious Investing To All.

Disclaimer:
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http://stocklemon.com/articles/01_20_04.html