Company is under no obligation to reduce authorized shares. Even if you believed pphm would care why would you send letter to sec and nasdaq. The bod structure is closer to sec/nasdaq non-compliance than a rs that does not reduce authorized shares.
Bio, any SPECIFIC addresses to use for SEC, Nasdaq? What dept at Peregrine? And I assume registered mail, so do we also have a specific person at these addresses to sign?
Also, do you have the link to the post with the letter?
Maybe all this posted before but I missed them if they were.