“Thanks in advance for the courtesy of a reply.”

Well, that was a forlorn hope @IH Admin [Shelly] .

A “keeper” if you like supporting Canadian penny stock mafiosi.

But for any other purpose, a definite no-no.

I can’t post on premium boards like the one devoted to spelling errors any more, but I enjoyed this twofer so much I couldn’t resist posting it here instead:

“ The board is full of mentally challenged losers waisting their days like board housewives”

Incidentally this was reported to Admin but apparently it’s acceptable nowadays.

This is the entire post I removed from a board I moderate:

Is the pre-market call to organise anti-IPIX messaging tomorrow Zoom or Teams? Plus has everybody had their paychecks from Big Pharma and Nefarious Shorts Inc. yet?

I think mine's gone missing in the post.

Thanks.

So we learn from this 8-K, part of which was several days overdue, that the BoD of IPIX now consists of a single Director, Leo Ehrlich himself.

While in terms of Corporate Governance it leaves a little to be desired, at least Leo will have even less resistance to setting his own remuneration at whatever level he chooses.

He already receives annual remuneration in excess of $600,000 for the fine job he’s doing, but I see a substantial rise on the cards.

It wasn't fraud or embezzlement, I don't think, by the legal definitions at least.

But by any reasonable criteria, it was a severe and flagrant breach of his fiduciary duty to IPIX shareholders, and possibly even theft.

And that's before we learn whether or not Leo Ehrlich benefited personally from the transfer of $4 million of shareholders' funds to an unrelated private offshore enterprise when he knew that the consequence would likely be the technical bankruptcy of his company.

Incidentally, as I understand it what passes for the Board of Directors of this company now has a legal obligation to file for bankruptcy under Chapter 11 or Chapter 7. I would welcome correction on this issue if my understanding is incorrect.

Is it entirely coincidental that at the same time as IPIX runs out of cash on hand, pro-IPIX posters disappear into the woodwork?

Or could there be a causal link between the two phenomena?

I guess IPIX’ “service providers” are not being paid any more.

Wash trading, probably. It's a specialty of the crooks behind PKTX and so many other penny stock scams.

Goathouse.

https://en.wikipedia.org/wiki/The_Three_Faces_of_Eve

Or should that be the six faces of VPLM's IRP, Rich Inza?

Asking for a friend:

Is refusing to file an 8-K about an extremely material event while employing surrogates to pimp your stock illegal under Securities Law?

Not just DB.

Check out his “conversations” and emoji pile-ons.

He's looking for his Mommy - he's scared that the lady he's been trolling on this very message board will track him down.

Much like one of his fellow thugs tried to do to him:

Lots of duplicate posts in the past couple of hours. Is there a glitch of some sort?

Another example of scofflaw Leo Ehrlich’s recidivism, then.

Figures.

I wonder what other material information he withholds illegally from his shareholders (or marks, as Sneery Owl invariably refers to them)?

Isn't that 8-K about Leo's crushing but inevitable defeat in the Cummings lease case overdue already?

As it wipes out any cash IPIX may have had in hand, it's certainly a material event.

Thanks so much! That is very kind of you. I always feel tempted to post Shower Cap's Blog on a Saturday morning but since I let my iHub membership lapse I have been unable to do so. Now I can, and will.

The three faces of Eve:

https://en.wikipedia.org/wiki/The_Three_Faces_of_Eve

But that fades into insignificance compared to how many aliases Rich Inza uses to chat to himself and others on this very MB.

He doesn't mind if one gets banned because of vile misogynistic attacks on iHub staff.

He's got plenty to spare, after all.

Now, ask yourselves why would Leo Ehrlich hand over $4 million of his shareholders’ money to an entirely unrelated offshore enterprise, knowing that he was likely to lose this case and that in the absence of that $4 million, the likely outcome was the technical bankruptcy of his company?

Was it:

1) merely an extraordinary breach of his fiduciary duty caused by a colossally incompetent decision that any right-minded executive would have avoided at any cost?

Or:

2) a deliberately malign decision to advantage himself and his cronies at the expense of the ordinary retail shareholder?

I think I know the answer. As they say, follow the money.

I hate to break it to you, but the time to negotiate is before a legal case is heard, not after a definitive judgement has been delivered.

There’s no negotiating position now- IPIX owes Cummings $1.4 million, and that’s the end of it.

Oh, but I do.

Everybody should be aware that WDRP has been the target of both the SEC and its Québécois equivalent, the AMF.

That’s because it was set up by, and is still controlled by, French Canadian organized crime figures.