Replies to post #745 on EOM Pharmaceutical Holdings Inc. (IMUC)

[No-dough-go]

looking it as a pure trader, imuc just broke against the bullish trend looking at the next support at $2.52

It must first break the $2.81 support that it has bounced off of in 4 of the last 8 trading sessions.

and does it have the 4 million dollar equity to get listed for amex. (As i believe it has the cash).

There's really no way that the shareholder's equity can be anywhere below $4m. They raised $10.4m in cash through the private offering last quarter and at the end of 2011, shareholer's equity was already at $3.2m. Their Paid-in-Capital should be around $40m with an accumulated deficit of about $30m based on a Q1 loss of $1.5m which leaves equity at around $10m currently.

[biomanbaba]

you wont see 2.52..again in your lifetime