Intellect Neurosciences Inc. (fka ILNS)

[itwillgetbetter]

Nothing like a fresh coat or two of paint.It does look different and a lot more changes are needed but at what cost to the destroyed past holders not the new preferred holders they have the ratchet provision.

Wash repeat and they still own there rights the way I read the SEC filings but the others are in serious trouble including the dammed common holders imho.

Just looking at the pipeline it looks like a lot more funding is going to be needed and will take many years to proceed imo cause I see nothing that's going to bring capital in any time soon other then stock for capital unless the CEO preforms miracles again imo.

He got backed into the corner with this pps screaming against or willing but it occurred none the less and it's any ones guess how it occurred.

What one needs to look at is the pipeline/phases. Then figure out at what cost to proceed then one could get a idea.

Any how they still got over 1.9 billion in reserve if my numbers are right so step up and fill your bags but remember these are not burgers you can eat!