UNITED STATES -------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 -------------------------- OMB Number: 3235-0101 FORM 144 Expires: May 31, 2003 Estimated average burden NOTICE OF PROPOSED SALE OF SECURITIES hours per response ...2.0 PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 -------------------------- SEC USE ONLY -------------------------- DOCUMENT SEQUENCE NO. -------------------------- CUSIP NUMBER ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market marker. ------------------------------------------------------------------------------------------------------------------------------------ 1 (a) NAME OF ISSUER (Please type or print) (b) IRS IDENT. NO. (c) SEC FILE NO. WORK LOCATION Immtech Pharmaceuticals, Inc. 391523370 001-14907 ------------------------------------------------------------------------------------------------------------------------------------ 1 (d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE (e) TELEPHONE NO. -------------------------- One North End Avenue New York NY 10282 AREA NUMBER CODE (847) 573-0033 ------------------------------------------------------------------------------------------------------------------------------------ 2 (a) NAME OF PERSON FOR WHOSE ACCOUNT (b) IRS IDENT. NO. (c) RELATIONSHIP (d) ADDRESS STREET CITY STATE ZIP THE SECURITIES ARE TO BE SOLD TO ISSUER CODE 1815 Parkside Dr. Patrick Yeramian [SSN] NONE Circle South Boca Raton, FL 33486 ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTION The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number. ------------------------------------------------------------------------------------------------------------------------------------ 3 (a) (b) SEC USE ONLY (c) (d) (e) (f) (g) -------------- NUMBER OF AGGREGATE NUMBER OF APPROXIMATE NAME OF TITLE OF SHARES OR MARKET SHARES OR DATE OF EACH THE NAME AND ADDRESS OF EACH BROKER-DEALER OTHER VALUE OTHER SALE SECURITIES CLASS OF BROKER THROUGH WHOM THE FILE NUMBER UNITS TO UNITS (See instr. EXCHANGE SECURITIES SECURITIES ARE TO BE BE SOLD OUTSTANDING 3(f)) TO BE SOLD OFFERED OR EACH MARKET MAKER WHO IS ACQUIRING THE SECURITIES (See Inst. (See Inst. (See Inst. (MO. DAY YR.) (See Inst. 3(c)) 3(d)) 3(e)) 3(g)) ------------------------------------------------------------------------------------------------------------------------------------ Commom E-trade Securities 5,000 $35,000 13,995,666 7/15/06 AMEX Stock, West Sacramento, CA 95798-9030 $0.01 par value ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTIONS: 1. (a) Name of Issuer 3. (a) Title of the class of securities to be sold (b) Issuer's IRS Identification Number (b) Name and address of each broker through whom the securities are intended to be sold (c) Issuer's SEC file number, if any (c) Number of shares or other units to be sold (if debt securities, give the aggregate face amount) (d) Issuer's address, including zip code (d) Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice (e) Issuer's telephone number, including area code (e) Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer 2. (a) Name of person for whose account the securities (f) Approximate date on which the securities are to be are to be sold sold (b) Such person's IRS identification number, if such (g) Name of each securities exchange, if any, on which person is an entity the securities are intended to be sold (c) Such person's relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing) (d) Such person's address, including zip code Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1147 (10-00) TABLE I -- SECURITIES TO BE SOLD Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: ------------------------------------------------------------------------------------------------------------------------------------ Date Name of Person from Whom Acquired Amount of Title of you Nature of Acquisition (If gift, also give date Securities Date of Nature the Class Acquired Transaction donor acquired) Acquired Payment of Payment ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 02/23/05 Rule 144 Immtech Pharmaceuticals, Inc. 5,000 02/23/05 Cash ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTIONS: 1. If the securities were purchased and full 2. If within two years after the acquisition payment therefor was not made in cash at the of the securities the person for whose time of purchase, explain in the table or in account they are to be sold had any short a note thereto the nature of the positions, put or other option to dispose consideration given. If the consideration of securities referred to in paragraph consisted of any note or other obligation, or (d)(3) of Rule 144, furnish full if payment was made in installments describe information with respect thereto. the arrangement and state when the note or other obligation was discharged in full or the last installment paid. ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ TABLE II -- SECURITIES SOLD DURING THE PAST 3 MONTHS Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold: ------------------------------------------------------------------------------------------------------------------------------------ Amount of Name and Address of Seller Title of Securities Sold Date of Sale Securities Sold Gross Proceeds ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ REMARKS: INSTRUCTIONS: ATTENTION: See the definition of "person" in paragraph (a) of Rule The person for whose account the securities to which this 144. Information is to be given not only as to the person notice relates are to be sold hereby represents by signing for whose account the securities are to be sold but also as this notice that he does not know any material adverse to all other persons included in that definition. In information in regard to the current and prospective addition, information shall be given as to sales by all operations of the Issuer of the securities to be sold which persons whose sales are required by paragraph (c) of Rule has not been publicly disclosed. 144 to be aggregated with sales for the account of the person filing this notice. 7/5/06 /s/ Patrick Yeramian -------------------------------------- --------------------------------------------------------- DATE OF NOTICE (SIGNATURE) The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures. ------------------------------------------------------------------------------------------------------------------------------------ ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSION OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001) ------------------------------------------------------------------------------------------------------------------------------------ SEC 1147 (10-00)