because the new toxic deal was better? That lasted long Phoenix fund? there are like 5 of them on sunbiz and all bs they called the note as soon as possible and IMUN lost in court AGAIN
Hedge fund gave them money to payoff all their toxic notes.
Immune Therapeutics, Inc. Further Strengthens Balance Sheet as it Prepares for Commercialization Highlights: -- Company Redeems Nearly All Outstanding Convertible Debentures
Well, not all, but NEARLY ALL it says.
I wonder what that means though in concrete terms.
Does anyone know how much toxic debt is left and how much dilution that might mean?
This is looking pretty tempting at this level. Found it on Rain's board.