IMV Inc IMVIF

sale

[prosciutto]

So they plan to take it, scrap the IMV trials and start their own

[Breakthorough1]

True. There will be a transaction the 18th of august. But I doubt we will recover anything. They should sell intelectual property for more than $45 millions to let something go to shareholders. We are dead, I guess.

[Breakthorough1]

There is also stated the intention of Horizon to submit a credit bid. It must be (following the SISP procedures) because no bid contemplates an amount enough to repay the debt. So better not to expect nothing.  We were clearly mislead the 16th of March.

[Breakthorough1]

Affidavit of April 28.  "Hope and expect this will not be required...': "Alternatively, in the event that no transaction materializes, these CCAA Proceedings (as  defined hereinafter) will provide IMV with the time and breathing space required to wind  down its operations in a responsible, controlled and orderly manner and to maximize value  for its