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Rustydog, you see this is the issue with Proulx and IBX, they overpromise and underdeliver.
This misunderstanding even among shareholders that believe in the technology. Proulx talks about MRX instruments doing testing but does not elaborate.
My own opinion is that these tests being performed in San Diego are being done on a similar or maybe the same prototype instrument that was placed at MDAnderson years ago.
Looking at MDAnderson site, it seems the Magnetic Relaxometry Research Laboratory and that MRX instrument is gone, disappeared from the site..Why?
Hey, Proulx, what happened?? This was your crown jewel for testing the MRX instrument.
Clear this mess up, tell your shareholders the truth about the MD Anderson lab and be more transparent. You have confused even the most ardent of shareholders.
From that scientist living down in San Diego, who was quoted using it there, and the fact that IBX claiming in the past of tests being sent to their San Diego headquarters for final evaluation, it has to be from there. Remember the doubter on here claiming it does not even exist...lol
Yes, please enlighten us rustydog. Because proulx has said many times that the decision to complete the design and development of a human magxense instrument will be made after results of this ongoing study.
No doubt about the facts that IBX continues to ramp up. Which MRX device is he talking about? San Diego? MDAnderson or is there one in Australia? Do you know rustydog?
Correction - ibx now .055
Sparrow? I like the quote in that article about himself where he states "Once in clinical trials, I provide tissue analysis from patients consented in Australia using our patented MRX device"
ibx now .056, everything scaling up proulx's lifestyle, number of shares outstanding, everything except the share price. Down from 20 cents yet some keep defending every move, all the way down.
Scaling up of operations is a very positive sign. Not sure where Proulx lives is relevant to any discussion on the merits of the technology or the company. But hey, whatever makes your day.
https://imagionbiosystems.com/news/employee-spotlight-dan-inglese/?utm_source=rss&utm_medium=rss&utm_campaign=employee-spotlight-dan-inglese
ibx now .056 as proulx continues to do a great job for shareholders lol. Now that winter is over, where will he be moving to enjoy the spring/summer season?
Link please to prediction of bankruptcy or is that, for some reason, just made up bullshit?
Everything on this board regarding predictions is BS. including the prediction about bankruptcy.
Link please to posts predicting bankruptcy, or is that all just bullshit (as opposed to predictions of 40 cents for ibx, 11 cents for mhtx which actually were made regardless of now ridiculous they are)?
Terry C Lowe's anti-bacteria nano-metals,(multiple), that was tested with Sars Covid-2 that really works just patented...
https://patents.justia.com/inventor/terry-c-lowe
Same old, same old. I do not see any reason for this, as I do not see any reason for some people predicting bankruptcy.
"I won't predict anything historic. But nothing is impossible."
Is ibx going to 40 cents on this one? Or like the last 40 cent prediction will go nowhere? What about mhtx to 11 cents, what went wrong?
"Great appointment and very unambiguous as to the future direction and course that Imagion is embarking on;
It's another in the many recent historical appointments that the Co has made".
PS: Another scientist needed by them put out for hiring today...
https://www.google.com/search?q=imagion+biosystems+jobs&oq=&aqs=chrome.7.69i58j69i176j69i64j46i39i199i291i362i523j35i39i362i523l4j46i39i199i291i362i523j35i39i362i523l6.-1j0j4&client=ms-android-tmus-us-revc&sourceid=chrome-mobile&ie=UTF-8#fpstate=tldetail&htidocid=PoWldMdXRSUAAAAAAAAAAA%3D%3D&htiq=imagion%20biosystems%20jobs&htivrt=jobs
Awaiting the formal verdict of the trial's success, otherwise, I cannot imagine why the Co would be in a recruiting
and expansion phase. Forward planning is a very prudent move!
Maintain the movement? lol. What movement is that? Proulx needs to finally complete his "finger in the wind" analysis and decide whether or not the technology actually works AND decide whether or not to complete the design and development of a human magsense instrument. Or better yet, find a big pharma partner as was promised by marvin more than a decade ago.
I like the hire, dilution kills companies.
All those low priced options, will continue to dampen the stock, short term.
Approval of a completed study will move the dial up but Proulx must announce a USA FDA study quickly in order to maintain the movement. Of course all of this is just IMHO.
And ibx shares fall back below 6 cents again. Let's see, the trial is now going well, facilities being expanded, new high caliber people being hired, yet the share price remains near 6 cents, down from the 20 cent ipo price.
There's something to be learned from that collection of facts. Most investors seem to have learned it.
Another great scientist joins IBX...
https://imagionbiosystems.com/news/welcome-tj-stalvey/
Many thanks to the sellers .
Not sure this is for the trial in Australia, but rather and hoping it will help in furthering the efforts of a made in the U.S.A. trial.
Appreciate the link and post.
Yeah, that ibx should be popping right up to 40 cents on that one.
It looks like they already are getting the team needed to quickly finish this trial , as well as next one, and start the manufacturing sooner than expected with hiring of a Senior Scientist/Principle Scientist just revealed ...
https://www.linkedin.com/jobs/view/2995946433/
Quote from needed applicant..
"The scientist will establish and validate methods and protocols to produce high-quality nanoparticles including scaling up and technology transfer to manufacturing operations and CMOs to manufacture products for clinical and commercial usage."
Thank you, you are very kind and I will remember you praise for years to com. LMAO
The study was not poorly designed, but poorly timed, or have you forgotten about Covid?
IF you bother to read about the study you will quickly see how Proulx chose a very quick and inexpensive way to create a study that would prove the efficacy and the safety of the technology. So far, in 5 patients it has proven both.
Proulx has made errors, but this study is not one of them. Parallel studies in the U.S.A and Australia would have been optimum, but somehow $$$$$ always gets in the way for start-ups in the cancer detection space.
Wow, impressive. With all your sway with Proulx, maybe you should have insisted he disclose how many people are enrolled in this poorly designed study after more than a year. Or did you correctly assume that straight talk about the trial would include that little tidbit of information?
I would rather hear from someone other than you, yes.
Hmm, let's see, perhaps Bob Proulx.
My last post worked and I asked for more straight talk on the human trials and a few weeks later, poooff out came the presser on the trials, so maybe this question and comment will spur Proulx to give us some answers.
Obviously those collaborations are not significant enough to add value to the share price or slow down the dilution. Simple enough for me. But apparently you'd rather hear from someone who can provide a more flowery, hyped up answer. Perhaps someone who would shamelessly promote predictions that ibx would be at 40 cents long before now and mhtx at 11 cents. A moonshot type of person lol. Someone like that.
Well, that was not my question but ok if you want to go that direction.
Still, inquiring minds (LOL) would like to get an answer.
Seems like you answered your own question:
money raising and share issuance activities
Does anyone know what has transpired in terms of the Patrys Limited and Siemens Healthineers collaborations?
I tried to look through the news section on the Imagion bio site, but was thwarted by all the headlines involving money raising and share issuance activities.
That's right , sell low.
You people are nuts.Please do yourself a favor and bail out now.
Reviewed some recent posts to get some perspective. For those who think ibx soaring means it can double from here, then I guess that's a reasonable position to take. For those who claim it's going to 40 cents or a dollar, well, the need to raise cash and dilution that goes along with it will make it difficult to achieve.
Like Proulx said, no fund raising needed for at least the next quarter. Then the important trials, the expensive trials, the ones that justifiably will take years to complete. If those funds have to be raised for a few pennies/share, those who bought in at 20 cents are facing an uphill battle to ever break even.
I do agree with you about Proulx, finally some real data points.
Also, timing, yes sir, this is why I believe now was the right time to jump back in and my reason for returning to the battles on this board.
Now if everyone on the board can stop the incessant pumping and old time story use for bashing, this might turn into a valuable forum for IBX shareholders.
If not, well, we will continue the battles.
Dilution, a necessary evil I'm afraid and IF there is real progress and FDA approval, nothing will stop the stock from soaring. Obviously, this is just IMHO.
Another honest update from Proulx, I do give him credit for that. So this first study should be completed some time this year; won't be doing any more fund raising for at least 1 quarter, much larger scale trial(s) will be needed if this first one is successful.
My take - lots more time, money and dilution in store. Hard to believe 10 years ago marvin (and his loyal followers) was pumping out the message of moonshot, big pharma partners right around the corner. Easy to understand the share price for anyone who actually listens and understands Proulx's message.
Someday this might become a successful cancer detecting weapon and save many lives. But current shareholders were a few years to early. Chances of their shares out pacing dilution are quite small and the share price reflects it.
The latest interview on IBX and where it is going. PS: Starts at the 9:40 section of video...
https://www.ausbiz.com.au/media/opportunistic-arbitrage-from-ma-uncertainty-imagion-biosystems?videoId=20274
Seems like some misunderstanding here. mhtx has fallen from .17 to below 2 cents, a short sellers dream. What other stocks are you referring to? Perhaps I can clear up any misunderstanding with those as well.
How long do we listen to short sellers shorting this and other stocks and getting their assess handed to them in the process?
Krombacher
I didn't make it up, just look at the share price, then tell everyone how much value the update added. This is not about me, its about 20 cents down to 6 cents. The stock price does not lie.
So, I wonder which is it?
SSC "It is a positive update"
Now its "Proulx added very little value"
This is how little people know or understand this tech or anything that has to do with medical testing.
Okay, enough for now, I don't want to hurt the ears of those non-investors/shareholders who might be "listening".
How long do we listen to what a great job manny, marv and proulx are doing? It's been going on for this entire century, and the imaging product has been right around the corner for over 10 years. So you tell me, how long do we listen to these games?
How long do we listen to these games?
So I wonder which it is, is this a game changing "explosive" stock or just a happy to sell at 6 cent loser for all those who bought at the ipo price of $.20?
The idea of the explosive potential but then labeling a move from 4 cents to 6 cents as making serious money speaks volumes. Can't have it both ways. And truth be told, this update from Proulx added very little value as it reinforced the fact that over a year into a trial and only 5 people to speak of.
The volume of shares traded speaks volumes.
March 14-16 over 16M shares at .045-.048
March 17-18 over 85M shares traded .064 & .071
This neither proves or confirms any theory including yours, but there is zero chance that investors did not buy at .045 and sell at .071.
Show me where I ever posted anything about a 40 cent moonshot, although you must admit and IMHO a "completed" positive study will be explosive for the stock.
No money is made until the stock is sold. Anyone making money since last week had to buy in the .04's and then sold for a gain of a penny (or two if lucky). Of course to sell around the 5 or 6 cent level means that's all the stock was considered to be worth.
So I wonder which it is, is this a game changing moonshot going to 40 cents or more or just a happy to sell at 6 cent loser for all those who bought at the ipo price of $.20?
The idea of the moonshot but then labeling a move from 4 cents to 6 cents as making serious money speaks volumes.
Hey Sparroww, sounds like my -past posts ,
Like .buy Low Then~ sell on the Double .
Some people just don't wanna listen .
How much approval is being shown by investors as ibx already back below 6 cents? And guess what? Proulx still won't say how many patients enrolled in this year old study. So what, maybe another year or 2 until the study is actually completed? Total screw up and share price reflects it.
Yes Rusty, positive for sure.
THX for your feedback .
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