Replies to post #13714 on Immune Pharmaceuticals Inc (fka IMNPQ)

[trader59]

He has zero knowledge, spends all his time in complete denial googling up documents from other companies that this one has zero affiliation with and general information on processes unrelated to Chapter 7 bankruptcy proceedings. He refuses to read up on what Chapter 7 is and how it ends every time by law, with the complete liquidation of all assets and the shutdown of this company.

Here, I'll get you started:

Business entities are eligible for Chapter 7 bankruptcy. Businesses generally file for chapter 7 liquidation when there is no possibility of achieving profitability under a chapter 11 reorganization. A chapter 7 bankruptcy terminates the company's operations and takes the company completely out of business.

https://www.law.cornell.edu/wex/chapter_7_bankruptcy