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I think that they are making progress if IBX, Siemens, and Healthliners are all sponsoring this one...
https://www.linkedin.com/posts/neurosciences-victoria-limited_swinburneuniversity-latrobeuniversity-onjcri-activity-6957535896963330048-r7cV
This is an example of it...
https://www.pr.com/press-release/864948
With this agreement being signed almost 11 months ago here...
Key terms of the Agreement
Statement of WorksThe Agreement is staged into phases with the first two phases being defined. Phase 1 relates to ‘Nanoscintillator Synthesis’ and is expected to have a duration of between 9-12 months with estimated costs of US$450,000-US$500,000. Phase 1 will involve Imagion developing a protocol for synthesizing the yttrium aluminum garnet nanocrystals doped with a praseodymium scintillator.Phase 2 relates to ‘Coating and Linker Chemistries’ and is expected to have a duration of between 9-12 months with estimated costs of US$450,000-US$500,000. Phase 2 will involve Imagion developing surface chemistry to enable a linker (holding a therapeutic payload) to be attached to the nanoscintillator crystals.The estimated costs above include material, labor and any third party or subcontracted costs and will be invoiced by Imagion to GCT. Neither the estimated timing or costs are binding on either party and are included within the Agreement as a guide only and are subject to change. Preliminary works have commenced in relation to Phase 1 of the Agreement
Is the metals technology DOA? Not a word about it for months and latest deal is nearing an end. No wonder mhtx bid is under a penny.
Regarding ibx, time to admit the disconnect between the technology and the share price. Proulx has taken care of that with his poor excuse for Phase I trial and the massive dilution. Post all the links you like, but ibx still struggles to hold the 4 cent level.
Cause they are getting them recognized as being the best nanoparticles in the world. Simply Google search PrecisionMRX and you will find them as the core to new cancer research projects from around the world. Remember any new research treatments that they are part of, they most likely will share in royalties down the line.
Why would they be selling their product, nano particles for $600…don’t get it??
The important answers were clear and obvious years ago: proulx and ibx = manny and marv spinoff. manny and marv = stock promoting scammers financing their lifestyles with mhtx shareholder dollars for decades. proulx in Lake Tahoe = more of the same.
One might say it's a shame because the world could use this technology. But after all these years and really nothing to show for it, I wouldn't be so sure it works as advertised. Same thing for the metals technology.
All those who hate the contents of this post, I suggest it's time to get on the phone with manny and marv and proulx if he'll pick up, and demand some answers - why no more mhtx annual meetings? Why no shareholder updates? What is really going on with the meatals deal? What is really going on with the ibx trial?
Lots of Q's but very little A's in this Q&A Session at 2022 Annual General Meeting
https://imagionbiosystems.com/news/qa-at-2022-annual-general-meeting/
Bob was his usual self, slick, tight, and lots of smoky answers.
Selling will continue, he has no passion, emotion or life in him and his answer on why they cannot make any assumptions whether or not they can see cancer in the patients they have already reported on is rubbish. The technology can tell..IF IT WORKS and IMHO it does work.
Maybe time to jump and get some tax loss on this one.
All IMHO of course, do your own DD and never, ever believe anything you read on this or any other anonymous board.
And mhtx wins the race to sub-penny land. For those who thought ibx would get there first, don't worry, it will be there soon - just a few more links and self-promoting proulx interviews combined with the 1st trial fiasco.
Anyone heard from manny or marv? Didn't think so. Lock them up.
Thanks,
How did I miss those facts. LMAO
ibx hit 52 week low at .026; keep those videos, articles and promotions coming.
Another video, but can't get 15 people enrolled in a trial that started over 1 1/2 years ago. This one from 3 months ago, when ibx was trading around 6 cents, now below 3 cents. Good find lmao.
Not sure if this video from 3 months ago been seen here yet.
https://vimeo.com/690908208
I like the space between doom and boom !
Buy low and you will do well .
Unfortunate that the facts about both companies come across as gloom and doom. Obviously most investors are able to separate the facts from the endless hype as evidenced by the price chart of ibx and mhtx.
Perhaps,
Just as bad are those who constantly spew doom and gloom and even short both stocks.
I suspect we have yet to see the end of either company!!!
Perhaps, but it sure has been easy for those who believed the manny, marv, proulx promotional machine to lose a ton of money. 20 cents down to 3 cents, 17 cents down to a penny, while insiders continue to ride the gravy train. I suspect the mhtx ride will end soon as the last payment from the metals deal comes and goes.
Of course, just as bad as manny and marv are those who spew bullish crap as they sell to anyone who believes them.
Yes prediction of gloom, doom and unlimited wealth have been predicted on this and other boards.
Heck, someone even predicted mhtx would be bankrupt a few years ago. So much for that.
Never believe anyone or anything written on message boards.
Of course, there have been some smart investors that managed to ride both up and down.
Proclaiming doom and gloom is easy, its hard to ride it and make some money in the process.
I wonder which will go below a penny first, mhtx or ibx? Odds would favor mhtx since it has been hovering slightly above a penny for quite a while and since its metals deal seems to be going nowhere (again). But a bet on ibx, particularly if proulx continues to fail to deliver on the phase I trial, would be a good bet as well.
For those who like the ultra-longshots, bet on ibx at 40 cents or mhtx at 11 cents as was predicted some time ago. lol
Any new calls for ibx to hit 40 cents lol? I wonder what went wrong the last time that prediction was made. Any links to explanation for that?
❇️ #ASX : $IBX (6th way of imaging)
— 💙 X_R_P 🦋 V_R_A 💙 (@XRP_DigiGold) June 15, 2022
❇️Bringing Medical Imaging into the 21st Century
❇️We have had 5 ways to image the body for over 50yrs
❇️None of them can tell you the difference between a Benign/Malignant
❇️Non invasive V’s Biopsy.
❇️Innov. Technology without radioactivity pic.twitter.com/TSGh5Ls3H4
Great stock to buy low as price has moved steadily from 21 cents to less than 3 cents. Problem is buy low and sell lower is a recipe for losing money.
Good post brave One.
Remember,buy low !
Wow, is that contract what's keeping ibx above a penny? lmao.
IBX has a contract for making and sharing patent for delivering nano particles for them on this...
https://patrys.com/pat-dx1-significantly-improves-survival-in-animal-model-of-pancreatic-cancer-2/
I'm pinching my nose and buying a little more at this price.
You take your chances and you roll the dice. Welcome to penny stock world.
If you can't afford to lose it, stay away.
ibx now under 3 cents. All the proulx fans, all those who think ibx won't be raising cash soon - what were you thinking?
All those who put so much value on the never ending stream of promotional videos, articles and interviews - time to revisit penny stock 101.
Strange that you agree with this statement:
Really cumbersome trial design for the poor patients that have just been dealt some terrible news. It's not like we're offering them a shiny new drug to treat their cancer. They get absolutely zilch out of participating in the trial and I feel this wasn't considered.
People, need to also know that.
-IBX is collaborating with Siemens on the Phase 1 Study
-IBX ended Q12022 with $10.6M in the bank. Operating cash outflow of $2.3M in quarter, so not sure where "cash remaining of one or two quarters" came from.
-R&D Tax incentive expected in Q3 2022 which will help offset some expenses.
-Yes, there will be more money raised in PPM's of 10%, not sure when.
There is nothing of a sure thing here, you takes your chances and do your own DD and never, ever believe anything you read on these or other anonymous boards.
On the trials, I agree with another poster on another board when they state.
"I agree with you regarding enrolment numbers. Really bad and I've said it elsewhere but they can't keep blaming COVID. Really cumbersome trial design for the poor patients that have just been dealt some terrible news. It's not like we're offering them a shiny new drug to treat their cancer. They get absolutely zilch out of participating in the trial and I feel this wasn't considered.
However regarding giving some efficacy detail - what they've repeatedly said is that at this stage of the trial they are unable to draw conclusions and providing information to this effect could actually turn out to be misleading given the number is so small. All they can say is that the nanoparticle is reaching the lymph node.
For example let's say they have 5 patients. Of those 5 only a portion (who knows how many) are going to have disease in their lymph nodes - say it's 2. Now if the technology is working and its lighting up 2/2 times on MRI/MRX that's great but it would be dangerous to release that to the public, as the sample size is so tiny that it may have been luck. Imagine they did release that information and then they've got their 15 patients it only worked in 2 out of 6 lymph node positive patients, how angry would everyone be? I'd say people would consider legal action for providing misleading information. It's too early to release the info. If it get's to full enrolment of 15 or whatever and 6 out of 6 or 9 out of 9 lymph node positive patients light up on MRI/MRX then that's certainly more convincing than 2 out of 2 (it may even be that none of the patients thus far have had lymph node disease!). All they have said is that the nanoparticles have reached the lymph nodes are thus have enough confidence to proceed with enrolment. As frustrating as that is for us, at least they haven't stopped the trial early because the results have been duds."
People need to listen to proulx when he speaks because mixed in with all his hubris and self-promoting crap are bits and pieces of the real story. In one of his recent interviews he said he was confident there was enough cash to last another quarter or two. Based on how the trial enrollment is progressing (or not progressing), it seems doubtful it will be concluded before more cash is needed.
Everyone can believe what they want, but when it comes to sure things, I tend to feel a need to confront them when they are anything but sure. Good luck and hope ibx can elude the sub-penny world. Price action over the last couple of months indicates (at least to me) that more big time dilution is on the way.
Many are getting out, for many reasons. I won't delve into them at nauseum.
One thing is sure and it seems that IBX does have enough funds to finish the Phase 1 trial and IMHO the trial will be successful. I believe that the technology works and eventually the price of the IBX will follow the success of the trial. Its only a matter of time.
I and many other real shareholders are not happy, but, I will not get down on the work that is progressing on the phase 1 trial. No more whining from me.. Results will come and they will be positive.
Now comes the difficult part, raising funds for the Phase 2 trial and unless the success of the phase 1 trial creates an increase in the share price things will get bad and much dilution will follow.
Can't take the heat, buy Tesla..or not.LOL...your choice my fellow IBX fans.
I totally agree,if too hot get out!
ibx .033, good chance for sub-penny as trial drags on and proulx gives one interview after another yet produces nothing.
mhtx - what happened to the metals deal? Not a peep from manny and marv as they happily, quietly continue to such shareholders dry.
Cancer trials and anything in this field needs Big Money honey, there is no question in my mind that Proulx will need more money and thus more dilution.
There is some money coming in from the the R&D tax rebate which was ~2 Mil last year. Add that to what seems to be growing sales in nanoparticles and the pain of the next dilution may be less, nevertheless it will be painful.
Don't want to be part of this, then don't invest. It's hard to completely cry foul on anything the company does when you have no real money at stake. I can honestly say I have some of my hard earned cash in this one.
Is it a risky bet? you bet it is but the multiple gain if successful is high.
Don't like my humble opinions, no problem.
Big money? When will it start flowing in? And will it be enough to fund the current trial and the next one which will actually be meaningful and cost way more than the first one? Or is dilution still the name of the losing ibx game?
Truth be told, I really like this. There is big money in them nanoparticles.
https://imagionbiosystems.com/our-technology/nanoparticles/?utm_campaign=Nanoparticle%20Sales&utm_content=208722862&utm_medium=social&utm_source=twitter&hss_channel=tw-824380502626799616
Truth be told, I really like this. There is big money in them nanoparticles.
https://imagionbiosystems.com/our-technology/nanoparticles/?utm_campaign=Nanoparticle%20Sales&utm_content=208722862&utm_medium=social&utm_source=twitter&hss_channel=tw-824380502626799616
The truth? - manny and marv's worst enemy. Proulx pretty good at evading it on certain issues too.
hey wfgodot, I have been asking that questions for months and its been dead air. No one knows.
My gut tells me research there has ended and they moved that first prototype to San Diego.
Another "why hide anything" moment. Just tell shareholders what happened, how can it be so damn hard. Shareholders like the truth coupled with a reasonable explanation.
I'll take a shot at answering. After all those years and 10's of millions of dollars, still waiting for proof any of it is commercially viable. Latest joke is the first Phase I trial which began 1 1/2 years ago and ceo Proulx still hasn't been able to enroll 15 people in it.
Manny and marv were sly enough to spin off the technology to Imagion (ibx) which ipo'ed at 20 cents but now trades under 4 cents after massive dilution and still no proof it works.
Can someone tell me what happened with the research that MHTX was doing at MD Anderson with nanoparticles and their diagnostic instrument to detect cancer cells. I believe it's been over 8 years ago that they started this research?
mhtx .008, ibx .037, the manny-marv gravy train coming to an end. Proulx probably has enough bs in the tank to keep diluting and riding ibx for a couple more years, although at the rate his trial is going there might just be a cure for cancer before this imaging technology is ever commercialized.
Proulx is a shameless promoter. He does interview after interview trying to paint a positive ibx picture all the while diluting shareholders into oblivion. If there was anything else positive to say he would have already released a video about it.
Time to face the fact that anyone who owns shares now simply bought in too early. Lots more dilution on the way and who knows how many more years before the technology if validated. Manny and marv all over again.
By the way, why no updates on the metals deal? Lock all of them up.
WELL SAID AND IN TOTAL AGREEMENT 1
Well folks, when you have Proulx recently saying that " that patient recruitment still remains challenging" and no recent updates, coupled that with a very poorly designed, cumbersome trial and no real data shared on the trials, you see the results.
You can't expect a rising stock value when you tell your shareholders that basically, the trial so far has not given them any real conclusions.
Proulx needs to update shareholders on the patient study, the MRI study, Siemens collaboration, anything positive that shareholders can hang their hats on.
Someone is buying low ~~~
Will more than double /triple on herd mentality alone.
Should have said all this Proulx bullshit and ibx hit $.036 today. And still can't get 15 people enrolled in a trial that began 1 1/2 years ago. Shameful.
I should have said "on analyzing their PrecisionMRX nanoparticle magnetic relaxometry particle images on perfecting them to the best".
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