Immune Pharmaceuticals Inc (fka IMNPQ)

[discoduc555]

This looks to good to be true. The recent private placement makes me think that they do not want to dilute this to hell and back (otherwise, why not go for more than $1 million?) While there are still warrants out at $1.65--it would be bad news if these ever got exercised--if I read right another batch recently expired, so it may be time to pump this up a bit. Would also be more favorable terms for a JV, no? Or a future secondary offering?

According to Scotty there are 11 large block owners holding 15% of the O/S but I don't know how recent that info is. If they can finance Phase III on AmiKet without destroying the stock then it's a slam dunk in my opinion.

How much could it cost to fund a 12-week Phase III trial for topical cream?

My bottom line: I think its worth a few thousand shares right now to see what happens and will buy hands over fist if the market cap ever drops below $10 million.