Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree with you
just curious to read if they have somekind of rationale beyond "fluff" "pump" and the like
nonsense...if they are making the next dilution they are not going to BUY here...since the price would go down...they should be selling now instead.
"he's trying to pump it" ...HE...who ??
"fluff valuation"....FLUFF ...why ??
The problem ...I would say the BIG problem is that a R/S would solve just one of the 2 listing comliance requirements, the 1.00$ per share minimum value.
Market cap won't be affected...and here stays the Death spiral...need for a new offer to increase market cap; so anyone has been following ultra small caps knows that
new shares offer + warrants + R/S = Death spiral (the shorters paradise), and since we know ipci has been controlled by shorters/manipulators over the last 2 yrs...we know for sure that this kind of path is exactly what IPCI MUST AVOID.
Just hope mr Patient has the basic knowledge of this market dynamic and explains to Odidi that there is the mega-wall in front of them...their choice to get into it or turn before it is too late
Short Interest up again, now 1'717'504 shares.
No new investors (as opposed to what was rumoured after the meeting with the co.)
so welcome to the ipci silence valley.
While we are at historical lows the only accumulation I see is on the short side. who has been keeping on increasing shorts at this level ? game is not over...
company doesn't care about communication, nothing new here.
the design to have IPCI delisted continues (I would say by observing what happened in the past that a new offering is about to happen...but as I wrote here many times, this time would be our last one...before going private)
honestly, I don't see the reason for a company like this to stay public...
no communication,
no minimum marketcap and share price,
inability to understand the concept of "material information" to the shareholders
inability to execute (last 3yrs track record)
...
Seroquel : as of 5th Jan - TRX Count
Mallinck 549 (previous weeks: 477 - 516 -648 -639)
Focalin: as of 5th Jan - TRX Count
Par 3.97k (previous weeks: 3.65 - 4.88 -5.47 -5.73 -6.34)
Still believe generics are of no more significance for IPCI.
PTIE is a good example of what happens if you deliver studies results.
Nothing of what was alluded over the last weeks has been happening: no new investors, no news of any kind, no changes since new CFO.
Besides: company has been at least 2 times saying they were expecting 1 more anda approval by 2017 end....mid january and no approvals.
everybody pray for a partnership announcement soon, instead of a new shares offering...
short interest has been slowly increasing again...so opening new shorts at this level is either crazy or ... ????
pls elaborate what do you mean ...thank you
Exactly my point mopar44,
the issue 5mln shares = roughly 15% dilution
>> market cap on paper goes up 15%
>> the paradise of shorters/manipulators is alive again: the shares price does down at least 30% over a 3 weeks period.
>> net-net mkt cap goes down, so even if they regain compliance for the 1.00$ per share requirement, they miss big the mkt cap threshold.
completely different story if they issue 5mln shares to, say, Purdue, contextually signing an agreemnt for Rexista 2.0 and prodras.
this is jmho, with a little support from what happened after the recent offer.
Fred,you may be right.
But another offering= delisting.
I stressed many times the devastating effects an offer when we were @ 1.40.
Next will crash us @ 0.40.
End of story
New Year, old games.
I just don't get it...why someone like Impact, who was able to set up a meeting with the co. and make Others involved in the process, aliments illusions and unconfirmed rumors about the company ?
I believe someone here met him in person, so likely understood how he is.
but why telling there is some investors going to support and push the price, while it is not happening ?
why saying he knows something a big investor told him, which should trigger a positive reaction (at least the big investor buying more), while we have the price tanking on very low volume ?
same old disappointing story
Samsa, my expectations are very limited at the moment.
I take as a negative that none between Armistice and FFA incremented over the last weeks, when the price reached is current levels which imply a total failure (which by the way nobody can say for sure it won't happen).
Besides there are shorts which can cover (and data are available on Bloomberg on a bi-weekly basis) and the manipulators Group, which I believe (as some Others here) ar depressing the stock but without increasing their net short, but just washing down ths shares from one account to another.
So, likely more than anyone here, I think JUST a tremendous announcement would break the manipulation strategy for ever. no small developments or sequential progressing.
beachguy, sounds good. more than happy to see a re-pricing and a normal stock behaviour in the coming weeks.
a good partnership would mean a lot
Samsa, I think it is still too early to call.
The control is still total. Just a few hundreds of shares drive the price down many % points, hitting with proper time and clinical precision.
They will try to force another shake,likely a big one. To me the bottom will likely be touched with a big spike down.
Strongly hope to be wrong
Yes, but as we can see manipulation is still in control and a major change is needed to crash them.
So, for the avg company a CFP status would be more than enough to turn around, for ipci waiting for that achievement would mean having the stock price incredibly low.
A transformative partnership will allow us to recover our money, nothing else, sadly.
Jmho
Samsa, my point is: Nasdaq compliance has a timeframe, if nothing else matters Focalin and Seroquel are not going to help because manipulation is going to win easily on "just" improved sales on the two.
I agree with everything you said
ipci is not going to regain NASDAQ compliance with just improving sales on the two generics already marketed.
those attending the meeting reported that NASDAQ compaliance is a non issue for them.
to me this means:
either they are just lying, knowing that they will made another raise which will crash the stock price and get us delisted
or
the next development they have been alluding to is remarkably more important that any possible improvement on seroquel sales.
over the past months I repeated several times two key (to me) concepts :
- generics are not going to cause any major change (that was the old scenario, 3yrs ago, not anymore)
- raising money through new shares offering is going to kill us
They have been both proved true and are becoming even more crucial now.
ipci management is going to decide the future of the company as a listed co in the coming weeks, besides our future as investors.
wimus,
I have to diasgree on this one; ipci made a raise just recently, when they were well aware of the Seroquel slow progression due to long term competitions' contracts preventing MKN to be aggressively selling. So they should have raised what it is needed to bridge them until the next forseable revenue/cash inflow increase.
price action is just the result of the Group trying to achieve their target so that they can have enough funds to try for the control of the floating shares.
ipci is currently out of the radars of analysts, brokers, traders, investors...it is just them (the manipulators) and us (the long time holders) + Armistice Capital.
considering avg daily volume since AdComm it would have been easy even fo some of this board memebers to easily set up on their own an algo to drive the price whatever they want.
The game Group-vs-Odidi is still on, and I believe they will try harder since may some news hit in the near future their game will be ended.
The window of opportunity is not just for Odidi, but for the manipulators as well.
All JMHO
doog, I am inclined towards your same deduction. The only thing I can think of which they are working on and which can lead to a dramtic re-pricing is Prodras human trials.
If proven then they have to announce and immediately partner with some giant pharma (maybe with a non exclusivity Agreement or with something like a 5yrs window of exclusivity)
and that is the only way to regain NASDAQ compliance (leaving out the ugly dilution and reverse split options)
Will see in a short period
In the pic who is who, except Odidi?
Thanks for sharing
Just saw the pictures. Well done Impact.
Did you have the feeling they know what is happening to the share price and plan something about it?
Wimike, don't in two years nobody of us will be still invested in this trap.
I can bet on this, either we are already happily out or the company is no more listed or both
-75% since pre AdComm (as of 20th July)
-65% since first day after AdComm
-18% in the last 5 trading days
that's the speed of the market mr Odidis.
wimike, if some major change is put in place in the very very short term I believe the hostile take over scenario at ridicolous low prices could become a reality nightmare.
thinking of someone paying maybe 15mln to buy 85% of shares makes me throw up...but it seriously look like they don't see it happening, they don't understand it...or maybe they know it is inevitable
if they weren't unprepared as they proved to be,
we would have - in 9 yrs -
at least
4 ANDAs approved and commercialiazed
1 NDA approved, partnered and just beginning to produce royalties
1 NDA partnered and in progress for approval within 12 months
likely some licensing deals
so, to me, it's all on them !!
Maybe they care, but they just are not good at it. it's Crystal clear now. even if they partner Tomorrow and we go to 5$, looking at list above everybody understand we sould have been around 15$ now.
" there are other ways they could show they are trying to support share price and care about shareholders. "
right Samsa, Angelo was very clear on this subject
1 - sale of assets (via factoring contracts)
2 - shares buyback (using above mentioned sales proceeds OR financing)
3 - business partnership agreements
4 - financial partnership agreements
5 - licensing agreements on IP and technology
6 - inform the market about current ANDAs status, timeframe and about any other devlopmente going on inside the company
just to name the easily doable.
but we know, they don't care about the share price.
and likely they don't care about time either, since the two (price-time) coupled can make all the difference in the world.
They'd better hurry up !
More than a year a go I started to get convinced that IPCI would have been one of those all-at-once stock.
Still believe it. One day it will do +500%...but starting from 0.3 instead of 3.00
If our CEO can do half of what he should this company has at least 100mln of mkt cap...just from a partnership with Purdue.
But @ 0.30 Purdue could be better off buying us offering 0.50.
Can you see it happening Mr Odidi?
I believe Mr Odidi would be impressed to listen to our personal stories where we are loosing a lot of money just because we had faith in his vision.
He should see our faces in his parking lot and hear our voices and suffering.
Wimus is right, he is like a university professor doing research for the sake of it
"mgmt. doesn't consider the current share price anything they can control. "
if it wasn't for us loosing a lot of money I would love to see them took over after driving the price down to 0.20 . Impossible ?
just think Boyd dumping his shares (for whatever reasons), and the sharqs jumping in...
they are (and we are) running on very thin edge
...if only we could aggregate our power and bring aboard other friends we could reduce Odidi to our employee.. LoL.
just to show him the importance of share price
reason he and BoD is not buying any share at this ridicolous prices? my only hope is that this is due to the legal negotiation process they are in with Purdue. Samsa could give us his idea on this point.
until (if ever) Boyd reaches at least 10% it means a little for the future of company; the more the price goes down with him not increasing and the more there is nothing about to happen soon (in terms of company change).
we are very likely approaching 0.70 by the end of the week if no news hits or someone decides it is enough cheap to get a try.
to me the maximum of Odidi's stupidity is considering the price not important...it can be correct in the short term, but when this is a protracted trend seriously attempting at the company's reputation and ability to remain listed...then I start wondereing what the hell passes through his head.
does he really believe that the company history and story cannot be change by a share price going to 0.50?
beachguy,
I believe that if we reach (as I am sure we do) a substantial cumulative position it could be interesting and helpful trying to get in contact with mr Boyd.
I myself wrote him, suggesting that a he could find a Group of core long holders on IH board.
Setting a meeting would be very difficult unless he has planned to move for big changes in the near term.
It would be anyway interesting for him to know that there are likely numbers to get some changes passed (voted) at the shareholders meeting.
Angelo, I see your point.
Dr Odidi just need the concentrate on science, patents and tech, while someonelse has to help me the find the proper way to capitalize on them.
my point is: either Odidi understand this on its own OR the market forces will have him in a very complicated situation.
he is the the man who can make us (and himself) rich and at the same time the man who can ruin us all (and himself).
I believe everybody can do mistakes, just need to aknowledge tham and move on with proper countermeasures.
I am very disappointed with Odidi, but it could happen that sometime in the near future a big partnership with Purdue is announced, instituationals increase their holdings, prodras is proven ...in 6 months we are at 5$ at least.
But based on the last 24 months track record we are going to crash against a wall (either being took over at 0.50 in a couple of months OR being delisted to avoid the former)
I have been more than sarcastic...they could do many things to help, sustain and protect the share price.
But likely except Mr Patient the other BoD members don't seem to have a clear understanding of financial markets dynamics. Ops, sorry, again sarcastic
Likely we started the attack towards 0.70 by the end of week...but hey, company can't to anything about share price.
Angelo for IPCI president! I vote yes. Let's get rid of these sleepers
yes wimusky, agreed.
you, as me and Others here, do not have any SEC requirement in terms of disclosure, unless you get past I believe 5%
guys this is old info; Armistice filed 22of nov to document the increase; I wrote here a couple of weeks ago.
I was hoping to see a new filing from them on friday; we have to see at least a 15% position of the two combined (Armistice+FFA) before we can expect that our amazing CEO takes them into consideration.
you know, they do not consider share price something they can do anything about.
So maybe one day...at IPCI premises..."oh good morning Mr Odidi" "Good morning mr Boyd and..., I am delighted to finally get to know you. please enter in my company"...."thank you, ehm..by the way, since Yesterday it is now OUR company" LoL
PENNA DOMENIC DELLA 20F 173,700 0.50%
ALLPORT JOHN NEWELL 20F 110,558 0.32%
YAT PATRICK NAJUM 20F 27,172 0.08%
SMITH ELDON R 20F 21,731 0.06%
MADHANI BAHADUR 20F 7,507 0.02%