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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".
IBX has been working with Bruker Corp, (largest magnetic resonance imaging company in the world), on analyzing their nanoparticle magnetic particle images on perfecting them to the best. Why might the number one leader of producing cancer images be helping IBX out? I think I know why IBX just expanded their research facility 10 times in volume. Take a look at this video of Bob Proulx, lead IBX scientist, and a top Bruker scientist collaborating on ways to perfect them. It was made about 3 months ago.
https://vimeo.com/702153079
Did you know our #PrecisionMRX nanoparticles are precisely made with high magnetic relaxivity, making them ideal for a wide variety of biomedical applications? Learn more about our line of available iron oxide nanoparticles here: https://t.co/jz7cbyQhHh pic.twitter.com/xxqnczEs7K
— Imagion Biosystems (@imagionbio) June 2, 2022
I agree ,a nice interview.
I would love to not have to do a biopsy every year for my prostate .
We'll see ~
Nice interview with Proulx...
https://vimeo.com/713391803
ibx burns cash every day and the burn rate is increasing. The cash will not last indefinitely, so no one can say they have enough to complete the trial because no one knows when the trial will end. In fact, no one knows if proulx will ever enroll enough people to complete it in a meaningful way.
I don't see why some want to cut this guy so much slack. He's been running the show for years, even going back to before the spinoff. In spite of all the hype, all the interviews, all the articles, still waiting with a finger in the wind to find out of the technology is commercially viable (proulx's own words, not mine).
IMO there is (more) big dilution on the way and that is why stock is heading toward a penny again.
Let's not go crazy,
Yes the testing has been slow and dripping out here and there but the testing in both human and animal has been as expected and positive.
While positive in form, the new production facility and recruiting of new personnel will be a money drain and new funding will need to be raised. However, Seems that IBX does have enough funds to finish the Phase 1 trial and IMHO the trial will be successful. The technology works and eventually the price of the IBX will follow the success of the trial. Its only a matter of time.
How much time is the question and how many are willing to stick it out and not be spooked and sell.
The sale of nanoparticles will be surprising, so let it all play out before we jump on Proulx further.
Holding and hopeful.
ibx 4 cents. Looks like proulx still falling disgustingly short on getting the trial enrolled and completed. Also appears those nanoscintillators aren't so exciting to the investing community.
How's the metals deal coming along? Payments almost done, mhtx running out of cash, manny and marv still draining the gravy bowl. Lock them up.
How about if proulx just did his job and gets the trial completed so the decision can be made regarding whether or not this technology is worth going forward with? He operates the same shell game manny and marv taught him so well.
By the way, what ever happened to the metals deal? Not a word from manny and marv this year. Lock them up. Use Bernie Madoff's old cell. Why would anyone continue to defend these con artists?
Although positive at first glance, this is not good news for IBX shareholders. Proulx needs to focus on IBX and nothing more.
This press release is nothing more than self promotion, unless Proulx can be more transparent and less self loving and tell his shareholders..Why do this at a time?
Just weird and strange.
Do you think proulx will do as much for these other companies as he has done for ibx shareholders? lmao
If IBX is the team developing the nanoscintillators for the Glioblastoma cancers for GCT, who might be the one for the Covid-19 images down the road, (especially since their boss is an advisor now)?
Wow, half million dollar deals. Really? I know a local bagel shop that generates more cash than that. Let's hope Proulx won't be counted on for advice on setting up any Phase I trials. Time for being a director of another company but still can't get 15 people enrolled in his own trial now almost 1 1/2 years old.
Hopefully he won't be giving any advice on how to increase shareholder value either. ibx 4 cents, down from 20 cent ipo price. What a shameless self- promoter.
Mr Proulx is now a Senior Corporate Advisor to GCT, (company that has two current half million dollar deals which IBX is working on).
https://www.pr.com/press-release/861810
So in the real world, the tech is promising though unproven and many years from possible commercialization. The stock, on the other hand, sucks because of dilution, failure to get the trial fully enrolled, and proulx burning cash like dry wood in a forest fire.
And don't forget manny and marv, sucking all the cash out of the company as fast as it comes in and not a word about the last metals deal which apparently will run out this year. Shameless, all 3 of them.
Yes, but only someone with an understanding of the tech would actually comprehend that it is. Unfortunately it needs a better caretaker.
The price of the stock is a reflection of real world moves that Proulx has made and has nothing to do with the tech.
Is that the jewel that has made ibx worth 4 cents/share?
Piece by Proulx on nanoparticles, happy to see him concentrating on the jewel of this technology.
https://www.biospectrumasia.com/opinion/26/20301/nanoparticles-sometimes-the-smallest-things-can-have-the-biggest-impact.html
Count the years starting with 2019, $300,000/year, it doesn't take a genius to see this will be the last year of the $300,000 payments. What will power the manny/marv gravy train next year? And where did all that cash go? Same place all the cash from the Carpenter deal went. Same place all the proceeds from the ibx spinoff went. Life is good for manny and marv, but mhtx shareholders stuck with stock worth a penny and not even a shareholder update this year.
How can anyone defend these cock roaches? Better yet why?
"During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018. During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million. The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019. The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1. During May 2021, the Company received $300,000 and reduced the due from the sale of assets. As of March 31, 2022, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds".
.
Another false claim, as false as the one that said a human magsense machine was being used in the ongoing, hopelessly under-enrolled trial. The truth is that, sadly, this will be the last $300,000 payment. manny and marv have squandered all the previous ones (yummmmmmmm, lobster), and the company doesn't have enough cash to survive another 12 months.
Also interesting to see how marvin paid off the interest on a loan with 1 million shares of ibx at value of $.015/share. Maybe he knew what ibx is really worth, and proulx seems to be making sure it gets down to the penny level. Keep up the good work you guys - more interviews, more promotional videos, Lake Tahoe residence, more lobster, MORE DILUTION, and lower and lower share prices. And amazingly, still not 15 people enrolled in the trial. Lock them up, all of them.
As stated in today's Quarterly Report. MHTX will finally start receiving over $300,000 in ecap-c revenue from FWM starting this year...
"As of March 31, 2022, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds."
mhtx ask .0109 and no one wants to buy. manny and marv gravy train finally going off the tracks?
ibx $.044; anyone seen a link lately that would have a positive affect on the share price? Obviously another round of dilution is on the way. Maybe proulx will be able to move closer to Malibu with this one.
Interested in becoming the next Imagioneer? Come join us! Check out our open positions here: https://t.co/xPn9EQycV5 pic.twitter.com/rfmBKCcaY2
— Imagion Biosystems (@imagionbio) May 3, 2022
I have a hunch that if there was anything good to say about those things, they would have been mentioned (again and again) in the numerous promotional videos and interviews with proulx.
Same thing goes for the metals project. Instead all you get is silence from manny and marv. They're just happy spending the cash coming in which will be ending some time soon.
Proulx does have that promotional air about him but don't all these dudes in the role do the same thing?
I agree with you that he needs to do less interviews and more Q&A from shareholders, like yours truly who really wants to know things about the past and future studies.
Questions about the MD Anderson study, nanoparticle studies, more updates on the patient study in Australia etc. etc.
ibx under 5 cents, heading for new 52 week low. Proulx and all his interviews really sticking it to ibx shareholders, and still can't enroll 15 people in a 16 month old trial. How can anyone defend this paid promoter?
Fair enough. But I guess the one thing we still disagree on is the job proulx has done in his several years heading up SeniorScientifics and hs time at ibx. Sorry, but he seems more like a stock promoter, sucking fortune and fame out of ibx shareholders, much in the same style of manny and marv. All this time and still a finger in the wind waiting to find out if the technology works.
And what about the metals deal? manny and marv continuing to fund their lifestyles on the shareholders' money. They don't even bother to pretend anymore. Just shameless.
Seems we agree on this and this confusion must be cleared up, at the very least on the message boards with all three-four followers. LOL
Proulx needs to also state this in his pressers and tell us where that MD Anderson prototype? instrument is right now.
I did not mean to imply you were the source of the human instrument misinformation. The owner of that false rumor is clearly known.
Nowhere in my post did I write about a human instrument, but there was one for testing purposes only at MD Anderson.
I have never, ever posted anything about a human instrument and yes you are correct none exists.
Once and for all, there are no human instruments. proulx has stated many times that results from this 1st study will determine if the design and development of a human instrument will be completed. That's if they ever get 10 or 15 people enrolled in the study.
Any confusion about the existence of a human instrument was created and introduced in incorrect statements that appeared on this message board saying this ongoing study would be using a human instrument. Totally false, and the person(s) responsible for this bad information have never retracted, corrected or apologized for spreading it.
rustydog, the interview was and all his interviews have always been way, way too much about Bob Proulx.
"Under the proficient leadership", 7 years and over a billion OS, yes he has been proficient at dilution and making a nice nest egg for himself.
"Early on, we established a scientific collaboration with the Department of Imaging Physics at MD Anderson". I posted a few weeks ago a question on this specific collaboration and yet no one seems to know what happened to this.
Is the collaboration complete? Where is the instrument that was at MD Anderson?
What were the results?, Why, if it has ended would such a world leading cancer institute give up on the study and the equipment?
These are very important questions and as far as I can see, never answered by Proulx.
I still have no qualms about whether or not the tech works, but why the mystery surrounding MDA?
Look, I am not knocking Proulx or his abilities, I just want more transparency. The pattern is very reminiscent of PR's put out by Maslow & Co. Lots of fluff and no substance or follow up.
I just want a very simple update.
Past, present and future prospects, work, more dilution needed?, forward looking dates, how many instruments presently, planned for, etc. The truth is sometimes painful but it will be very much appreciated by IBX shareholders. No reason to hide the blemishes as well as highlighting the positives.
The actual highlights to the interview here...
https://insightscare.com/imagion-biosystems-ltd-providing-a-breakthrough-technology-to-help-transform-cancer-care/
OK ,I agree with you both.
I still say buy low NOW cause it will move UP !
If it doesn't so what, we all know the risks of this game .
No one should be investing with the Rent $$$.
Appreciate the honest and objective content of your post. Refreshing.
And let's not forget mhtx at 1 penny as manny and marv have given no updates on the metals deal. Those yearly payments are almost done - then what? Too busy at the lobster buffet to even spew out the yearly shareholder update full of forward looking statements and total bs. Are they still sucking all the cash out of this company? Seriously, lock these guys up.
It pains me to say this but without the jab about lake Tahoe, you are right on the mark in your analysis.
This unfortunately is par for the course for any medical device company that needs to go through all these hurdle. Covid and the manner in which the study was created caused for lost time and money.
Proulx took a road that was supposed to be ea$ier and it turned into a messy, long winding road and overall expensive. Reaction was slow and videos and interviews were much too many. Results are a 5 cent AUD stock and dropping fast.
The only bright spot is that the nanoparticle development and sales seems to be moving in a positive direction, this alone can provide added revenue and hopefully less dilution going forward.
As always, just IMHO.
Good luck to all of us.
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