Tuesday, November 01, 2016 7:01:55 PM
The other 2 companies are Standard Graphite(bogart) and Corex gold(Schneider). They all operate out of the same office space. They all do similar PP's for "debt consolidation" on a regular basis. Insiders are getting wealthy on these option grants.Look at who's getting the grants on these placements. Family and friends. Goto thecse.com and look up filings for IN.
One million shares just were granted to a limited numbered company listed as "not" an insider. Research into that company "Coal Harbor Consulting" shows it too is housed in the same office space in Vancouver BC. Bogarts brother. Do the math. Options were for 8c when the stock was trading at 19c. An automatic double on their money. They sold to finance the private placement at close to 20c and bought back in at 8c under the terms of the deal they wrote.
As for funding. I've been a shareholder for a few years. The only funding is these private placement sweetheart deals. It pays the bills-nothing more It is the elephant in the room. The quest for funding to do clinicals. They have never found an investor and since the only press releases that come out are for new VP's etc or option grants they seem no closer to getting any. Without funding this play is dead.
Yes. They have been building a "dream team" forever. What exactly has been the result? Scioderm is light years ahead of IN in their EB program. IN keeps pushing the dates for clinicals back 3-6mos every time they update their website. This has been going on for 3yrs.
The whole thing smells fishy.
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