Mikefbi
1 year ago
Letterpenny
Are you kidding me!
You turn away from listening to the truth and wander off into myths; in fact, you reject the truth.
Stock registration revoked.
Chapter 7= Total Liquidation
Stock will never trade again
Do you recall On October 21, 2019, the Bankruptcy Court entered an order approving the Debtors’ sale of the Bert Assets to Alexion Pharma International Operations Unlimited Company (“Alexion”)
On October 28, 2020, the Bankruptcy Court entered an order approving the sale of Immune Pharmaceuticals Inc.’s etc interest in the Ceplene Assets to Discover Growth Fund, LLC
Immune pharmaceuticals of Nevada dissolved
Isleworth Healthcare Dissolved
Shares will never trade again.
Your statement "I can’t wait till next year when the SPAC / merger closes."
Impossible Isleworth Healthcare closed down .
Immune Pharmaceuticals and all its subsidiaries will be a empty shell with no officers or directors just liabilities.
You are delusional.
I am glad I am still here to correct the false narrative.
Cheers
Loxxx
1 year ago
LK and the world
Thank you, it will be nice to be off work for a few weeks. It would also be nice to put down the mobile phone and the stock exchange rates, but it won't work...
Nah, it's probably not now that it will happen, we'll have to wait and see. Yes, I remember that we discussed a 1:20 split and that is a lot, but counting on 1:1 might be a bit naive... But we Swedes are naive... I will read a little from time to time but I don't write very often.
Want to thank you LK as well as Bruce and RLK who dig and comment.
Pleasant summer
Letterpenny
1 year ago
Loxxx. Unfortunately there will be no real good news. You realize that your holding will be knocked down substantially. I’m sure you do and are prepared for the change. Immune was purchased by Immune ltd. Even though holding remains the same, so they say, the next step of merging with Cytovia will be the time when your share amount will dramatically change. I’ve already gone through my mourning stage. Sucks big time. Never saw it coming but then the breaks. I believe it will be a 1:20 split which I believe was what they wished for before we went into bankruptcy. So whatever you have now will be quite a bit less. The process of this deal is for the crooks to continue getting paid for doing less work and then slowly grow the business using other people’s money. Remember. This is just a pump and dump. Pump and dump. They will continue doing this until they have funded the trials for their drugs. It’s the only way these guys can do things. At the end of the day, these guys don’t pay the tax so they don’t care period. Sadly, many people like myself have to pay the tax and lose in the end. I’m just hoping I can try to recover after the tax and make something back through the usage of my TFSA. As I explained, the whole Alexion delusion is as just that. All the custodians of the assets are simply helping Immune in its goals of getting the reverse merger done. They hold the assets clearing out Immune so it can do its job. So far everyone has taken its share of the assets. United General is just holding for Immune. Nothing is actually completed but it’s pretty much done. They just need to square away the bankruptcy. Trust me. This all sucks. Creditors definitely make out well here. But us shareholders got screwed big time. I may make back a few bucks and that’s it. I got really excited back when I thought Alexion may have taken the shares based on timing. I was genuinely excited, but then I learned the collaboration part of the deal and how partnerships worked in these Plans and then my accountants explained what was possibly happening. That’s when my heart sunk and I put my head in between my legs and cringed with dry heaves. Such is life. Just glad to get this done sooner than later. Lol. 8 plus years to receive substantially less and pay 70 percent tax. I hope you enjoy your holiday. The only good news coming our way is that they will get a few things done. Sadly we won’t have the ownership as we did before. Substantially less. That’s the risk we took. All I can do is hold until I forced to sell to pay the 70 percent tax. Be well Loxxx. Enjoy. Cuckoo Penny
Letterpenny
1 year ago
Loxxx, I will mention that this next reverse merger is what Teper alone created by forming Cytovia Tx and Immune previous. It will be interesting to them merge. Obviously Epicept was a completely different entity unto itself that I don’t believe Teper played a role in. This new reverse triangular merger etc is all on him and his creation. Not tying to give him and kudos, I’m just pointing out that it is a different set up and maybe there will be some slight variation in timing and arrangement. I just know all has to be completed by February. I’m hoping with fingers crossed that they do something similar as they did in 2013, but that’s just me hoping and wishing. I for one would like to watch them do the multiple financing and step the price up from hopefully a low ball listing. I also would like to watch a remnant sale happen in Fall. I wish I could see reorganization filings from 2013/2014. Sadly all that info is non-existence. That’s life for you. At this stage I remain a fool flying blind. I’m pretty sure Cellectis will default, can’t see anything completed purely based on the fact that bankruptcy isn’t completed and distribution still needs to be settled and final order finished etc. Plus, Trustee still needs to settle with debtors lawyers blah blah blah. I find it interesting that the Trustee hasn’t mentioned remnant sale but maybe that will be brought up soon enough. Who really knows. I sure don’t. I’ve never gone through a bankruptcy before. All new to me. Fun times. I’m just glad to come for the ride with all those brilliant creditors and banker swindler type folk. It’s been a pleasure being trolled. Be well. Cuckoo Penny
Letterpenny
1 year ago
Loxxx, if I can do it, anyone can. I have zero education. Zero diplomas from high school or post secondary. I have done nothing to deserve this, right? Lol. I’m just a loser in everyone’s eyes on these boards. A simple minded idiot and yet here I stand. All I did was play the long game, right? Lol. Simple, buy and hold, right? Can’t believe a huge fool like myself is going to be so filthy rich. What a country. Lol. Cuckoo Penny
Letterpenny
1 year ago
See how they listed. Proof is in the pudding.
Item 8.01 Other Events.
On August 20, 2013, EpiCept Corporation announced that its 1-for-40 reverse stock split and change of corporate name to Immune Pharmaceuticals Inc. would become effective at 5:00 p.m. EDT on August 20, 2013, and that trading of its common stock on a post-split basis would begin on the Nasdaq OMX Stockholm Exchange and the OTCQX U.S. trading platform on August 21, 2013. The press release is attached hereto as Exhibit 99.1.
Letterpenny
1 year ago
Super glad this happened.
Cytovia Support Agreement
In accordance with the Merger Agreement, within 24 hours following the execution of the Merger Agreement, certain stockholders of Cytovia representing the requisite votes necessary to approve the Merger Agreement are expected to enter into support agreements (the “Stockholder Support Agreement”) with Isleworth and Cytovia, pursuant to which each such holder will agree to (i) vote at any meeting of the stockholders of Cytovia all of its Cytovia Common Stock and Cytovia preferred stock held of record or thereafter acquired in favor of the approving and adopting the Merger Agreement, (ii) be bound by certain other covenants and agreements related to the Business Combination and (iii) be bound by certain transfer restrictions with respect to such securities (i.e., a “lock-up”) to be provided in the amended and restated bylaws of Isleworth, in each case, on the terms and subject to the conditions set forth in the form of Stockholder Support Agreement.