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TapImmune, Inc. Message Board

  • hgff101 hgff101 Apr 21, 2013 1:21 PM Flag

    Found this name mentioned on the IMUC board

    Reading the filings, below is just one of many statements confirming the company is paying stock promoters with eventually dilutive shares:

    "In May 2012, the Company issued 14,000,000 common shares to consultants pursuant to a consulting agreement (Note 11). At the time of issuance the fair value of the shares was determined to be $1,918,000 based on the quoted market price of $0.137 per share."

    The company appears to me to be engaged in toxic financing activies inimical to a stable or growing PPS.

    I consider the company uninvestable until its assets are transferred to a management team with better capital raising abilities.

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