Intellect Neurosciences Inc. (fka ILNS)

[itwillgetbetter]

Everyone in there right mind has been hoping for that for along time I don't think it will occur any time soon but nothing is impossible.

Like the website change but it sure appears much was delayed due to lack of funding, management changes and the new direction rare diseases.

Just don't see how Elliot is going to fund future operations without serious dilution due to the piss poor pps.Any major player imo is not going to pay .10 cents for the new preferred with a automatic serious loss unless they get a lot more like warrants ect if one looks at the conversion factor of said investment unless its a top tier partner again imo.

Without a doubt future funding will be needed if one looks where the pipeline its stages are at.They only took the Pfizer settlement out of desperation.

The restructure had to be done which destroyed 99% of everyone but what was really accomplished other then a complete change of ownership, cleaning up the balance sheet which also had to be done but dam where did all that money go is my point.

To me its like its a complete new company with everything starting over and all them ten of millions invested is like a fart in the wind.

Also I wonder what the past controlling owners think today about what's occurred after the fact if one understands what really occurred which I know believe me.