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Bullboard - Stock Discussion Forum IMV Inc IMVIF

IMV Inc. is a Canada-based company. The Company has no business operations.

GREY:IMVIF - Post Discussion

IMV Inc > Something interesting an Horizon debt.
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Post by Breakthorough1 on Jul 08, 2023 2:03pm

Something interesting an Horizon debt.

In the point 13. of Andrew Hall Affidavit (28 april), is stated that till january 2024 IMV only had to pay interests (the $47.000) to Horizon. But also, that the period of paying only interests could be extended for six months more (till july 2024) if a milestone (enrollment of AVALON Stage1, may be?) was reached. It seems that Horizon was not to be a real pressure till a year from now, even if counting the whole loan means insolvency.
Comment by Sandinista on Jul 09, 2023 2:55am
If that's the case, why did Andrew hall and the board pull the plug? Something is fishy with hall, not only did he fold the company when perhaps he didn't have to, but also he never bought shares as ceo and claimed he couldn't which was in contradiction to Fred Ors who bought lots.   Likely nothing coming next week, prepare for bad news, Are there any lawyers out there? In ...more  
Comment by Investforfun on Jul 12, 2023 9:21am
im waiting for class action / civil suit
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