RE:How This May Unfold......BUYOUT SOON!!!!!!!!!!!!!!!!!!!!!!!OMG! You really think Big Pharma gives a heck about Thanksgiving Holiday? Multi-million dollar deals don't take long weekends! If Big Pharma was interested, it's not a petty news release a few hours before a long weekend that would stop them !
Also, this theory of Immune caping the price is crazy! You know what's caping the price? It's penny flippers who buy 1000000 shares at 0.04$ and put them up for sale at 0.045$
You know what brings the price back down to 0.035$. It's those same penny flippers who realize after a few days of dry volume that they may as well cut their losses and sell into the bid...
Look at the chart, this company has gone nowhere for years and is still years away from any upward movement!
Now that's what MAY happen for real!
Do you care to comment on last MD&A
Accumulated deficit 32,818,806 SchiffKnowsBest wrote: The timing of this release is telling.....Right before the American Thanksgiving which may have even been requested by Immune pending a deal to buy part or all of ICO in the next couple days to try and bury it so no other competiting Big Pharma will see it during the Thanksgiving Holiday.
So......What if Immune comes with a deal to buy all ICO (hence the 18M USD they just raised)......Or if they buy everything but AmpB and allow that to be spunout in the spinco for old management to manage.
This is why we've seen the obvious capping......Because they can't let the share price run away in the 9th inning!
If they use the full $18M USD then that is equivalent to 22cents/share which would tell us that would be for the whole company......Maybe an offer for 15 cents/share and see what happens?