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Wednesday, 03/22/2017 9:31:17 PM

Wednesday, March 22, 2017 9:31:17 PM

Post# of 20617
What a wild week huh?

Here's what's going on:

March 15 - Innovus receives public approval of Fluticare "trademark," not FDA. This was filed back in Dec 2016.

March 16 - Innovus offers 2nd public offering. This is bad for short term investors, but good for the company. Company often do this when they are about to expand. In this case, they've announced the offering expansion is for the Fluticare marketing preparation. This is on track and a response to their Fluticare trademark approval.

March 21 - Supposely end of the public offering, but Innovus pays off convertible notes and eliminated all the debts. This is again, bad for short term investors but good for the company. This eliminates debt interests. For those following AMD stocks, they did the same thing a couple of months back.

So, what is going on? Maybe it is a scam. The company eliminating their debts and about to bail out? Or maybe the company is just preparing for the FDA approval which is about to come anytime.

That's why they call investing a risk.

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