Ann: IMU Announces Presentations on KEY-Vaxx and B-Vaxx at AACR, page-35

Kate,

how do you think they should trade?

IMO, the IMUOA ( 2.6c, Nov 2020 ) will trade at about half the heads until 4.5, then maybe about 2c less than heads until August 2020. From then it depends on sp and willingness to convert or sell.

IMUOB (4c, Nov 2021) may trade a bit less due to higher conversion but longer life span.

Should sp go higher then both  have great leverage over heads but if sp stays below 2.6c till end of 2020 the IMUOAs become a death trap.

My current view is both options are a better buy than heads as we can expect the sp to go up. But my view often differs from the markets actions.

I hold heads and IMUOAs.

GLTA