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 don't believe TAU or CONJUMAB will be ready for phase1 trials for quite a few years (If they are successful in pre-clinicals, that is). I think CONUMAB is pretty much dead in the water...it has been dormant for almost 3 years. The company told us that CONJUMAB should be ready for phase 1 trails in 2014, back in 2012. Now here it is over two years later and we find out that it still isn't done with pre clinicals. According to one of the companys last press releases, they already blew through $800,000 of the 1.2 million dollars they were given. I don't see how they could possibly bring one of the two, let alone both of them through pre clinicals with just $400,000. This companys stock is a SCAM! I believe the science is real (How efficient it is, is yet to be seen). All of us who invested money in this stock will lose almost everything we have put into it. Such a shame. GLTY
Should see the RS either late today or tomorrow, putting the stock at anywhere between .25 to .35 depending on how it trades and closes today. Then, I'll say Intellect will trade under .05 by the summer. I don't believe there will be any partnerships and I believe Shire will push back phase 1b results again (probably won't hear about results until late 2015). Despite what one here keeps saying, there won't be any settlement by Pfizer, that case has a long way to go before any ruling happens. GLTA
The media will not care about Intellect's case with Pfizer no matter what one here keeps saying.
I see the delusion on this board hasn't gone away. Anyone who thinks the media would have any interest in Intellects court case against Pfizer is delusional. The media does not care about a Patent case between these two companies. You still have one here that says there will be a settlement soon in this case (he has been saying that for over two years now by the way...lol), that is not going to happen anytime soon, if or when it does happen. Pfizer will drag this out as long as they can. Intellect has squandered the common shareholders money and will continue to do so after the 1 for 250 RS. I would love for this not to be the reality because I do own shares of this company, but unfortunately that isn't the case. GLTA
As I have said before, you can forget about anything happening with this case until late January or February of 2015, and even that will just be the beginning of what is to come. You still have one here who keeps saying this case will be over soon...that is not happening. Even after a couple of years when/if Intellect prevails in this case, Pfizer will appeal the decision. GLTA
If you go to clinical trials, you will see that the study for Phase 2 for Ponzeumab won't be completed until September 2015...unless they push back the study again like they have 3 times already. I wouldn't expect to hear results from that trial until mid to late 2016. The status conferences for the court case keep getting adjourned, that is why no progress has been made there. Right now, I believe Jude Oing is just waiting to make a ruling to allow or not allow Pfizers counterclaim. It seems it takes him a year to make any type of ruling on a motion. Not surprising...things move very slow at that level. You have one hear who keeps saying this will be settled soon...he has been saying that for over 2 years...lol. This case won't be over and ruled on for a long time, and if Intellect prevails, you can rest assure Pfizer will appeal the decision. That process will take quit a few years as well. GLTY
I have absolutely no idea what you are saying...are you making a statement or asking me a question? The company diluted well before Pfizer didn't pay the 2 million, and they continue to dilute to this day. Here, I will spell it out for everybody here D-E -L-U-S-I-O-N Delusion! lol. GLTA
Your investment is just about gone already. If you keep buying shares then you will lose more money. I never said the science or the company are scams. I am saying that their stock is. First IF Intellect had anything that gained FDA approval, it would be years and years from now. The way they will stay in business and pay their salaries is by diluting the stock...as they have been. You, me, or any other common shareholder will never see anything from their investment here except for huge losses. As far as one saying that I'm screaming the sky is falling...that is absolutely laughable...lol. A 1 for 50 RS, adding almost 600 million shares to the OS, squandering the upfront payment from Viopharma, and now a 1 for 250 RS on the horizon, has not let the sky just fall...it has let it crash...lol. GLTA
No emotions, just stating the facts. Phase 1b results from the Shire trial won't do anything for Common Shareholders. More than likely the Company will use a report of positive results (if they are positive) to dilute the stock. Same goes for the court case with Pfizer...although a disposition from that is no where near on the horizon...many more years to go with that. I will keep saying it...the delusion on this board is staggering. GLTA
The Common Shareholder of this stock will never make any gains...IMO. They will only incur more losses. The company is banking on more people to fall victim to this scam stock...just like the majority of us got sucked in after the last RS thinking the company was moving the right direction. As I said before, pure delusion on any common shareholders part if they think they will partake in any gain the company makes. The company will use common shareholder money to pay their salaries and continue the stock scam. When and if the Company ever gets bought out, partial or whole, or receives any type of milestone or partnership money, the common shareholder will not see any gains...all IMO and again, The delusion on this board is staggering..GLTY
Everybody realizes that the company pretty much tells you that it will continue to dilute after the RS right? Not to mention the 700 million more shares that will be added before the RS...the delusion on this board is staggering...lol. GLTA
Jumpinjackas, some people on this board will never let the facts get in the way of a good story...lol.
Drs136...Never said the Company or the science were scams. The Companys stock, however, is a scam. I can't believe people on this board don't see that. Maza, Chain, and other board members have absolutely almost no stake in the companys stock. They will receive money by stock dilution and by a sale of part or the whole of the company. It appears as though that common shareholders will not be allowed to make any gains when/if a sale happens. The heads of Intellect will also receive money when the RS happens. They have diluted this stock and will dilute it again after the RS...if they didn't plan on diluting again then they wouldn't have all those billions of authorized shares after the RS. I am really interested to see what the OS will be after the RS. I am not bashing...I am expressing my opinion of the stock...it is my right to do so just like everybody else on this board. If you don't like what I have to say then don't read my posts. I was bashed when I said the stock would fall to .0025 to .0035 and low and behold it went there. Now I am saying the stock will eventually go sub sub penny before the RS. Bash me all you want...If you want the truth just look at the price of the stock. GLTA
All this talk about this trial is a moot point anyway. This companys stock is a complete scam.
I understand that Viopharma bought OX1 for FA. If you read the PR from June 20 2013, Intellect states that Viopharma was going to initiate phase 2 trials...not another phase 1. I believe phase 1 trials are pretty much used to make sure that the drug is safe. Phase 1 was done and deemed to be safe already by Intellect. It is very odd that another phase 1 trial was done again...also it is odd that they extended this trial. The trial was originally supposed to wrap up in June. GLTY
We will just have to agree to disagree...you read it one way and I read it another. That sentence in that PR comes after they talk about Phase 2. So to me they are talking about the phase 2 biomarkers. This shouldn't be confidential like the Pfizer/Rhinat agreements. Intellect announced the deal and the drug being developed. So Intellect should be allowed to tell its shareholders if a milestone would be paid after a phase 1 trial is complete. They never announced they would receive a milestone after phase 1. I also find it odd that Viopharma conducted another phase 1 trial since Intellect already had done one. GLTY
You need to read the June 20 2013 PR and read the very bottom of what you just posted. People on this board are completely delusional. Nowhere does Intellect say that they will receive a milestone payment after phase 1 trials. Everything indicates that they would receive a milestone payment after successful phase 2 trials and applied for Orphan drug status. If you don't think I am correct James salmon, then just ask Maza if they will receive a milestone payment after this phase 1 trial is complete. He should be allowed to tell you if they are...I am going to say that he more then likely won't answer you though...lol. I am not posting false information...I am posting what the company has PR'd. People who are saying that a milestone will be paid after phase 1 is complete are the ones who are posting the false info. I will repeat what I wrote again...Intellect has never said that they will receive a milestone after phase 1. GLTA
ShinSekai...I can't tell anyone what to do with their money, but I can give you some advice as far as this stock goes. That Viopharma, now Shire trial is a phase 1b trial. As per the contract with Vipoharma there doesn't seem to be any milestone in place for a positive phase 1b trial. According to Intellects own Press Release, Orphan Drug status and a milestone payment wouldn't happen until after a positive phase 2 trial. That is many years away if/when it were to ever happen. I would say at least 5years. There isn't any good time to buy this stock IMO, not before the RS or after. This company already performed a 1 for 50 RS back in 2011. The OS was 26 million shares after that RS and is now almost at 630 MILLION! That's almost 25 times more shares! The same will be done after this RS. The heads of this company as well as the old CEO/ CSO Daniel Chain don't have any real money vested in the shares of this stock. They could care less if the stock plummets. As I have said before, if anyone is looking to redeem any of their losses here through buying this stock at lower prices then they are throwing more money away. If you are looking to spend $1000 bucks that money would be better going to a foundation for research for ALZ or whatever disease you feel fit to donate to. GLTA
Exactly NOPRESSURE...some people on this board seem to believe only certain people had access to this info, and would wait for them to post it. I also don't think most people on this board realize exactly what is going on with the lawsuit right now. These conference calls for the past year have been pretty much just focusing on wether or not Judge Oing will allow the counterclaim from Pfzier. I wouldn't expect a verdict on this until late February or early March of 2015. This case is years and years away from any type of a ruling IMO. It appears as we have fallen through the .002s, the .001s wont be around for very long..I expect us to fall through those and be sub sub penny by the end of the week or the next. The company has set this up so the 1 for 250 RS won't put the stock at anywhere near a dollar...this way they can dilute it to hell and back after the rs again and steal more money. This stock is a complete SCAM ...IMO of course. GLTA
Should see sub sub penny by early next next. The next phase of the plummet is here. After this next plummet we should see the RS...then Intellect will repeat the cycle again. I believe their science was and is real...their stock, however, is a complete scam. What a shame.
Haven't posted in a while. Well, all I can say is if anyone had any doubt that your money was gone before this 10-K, there should be no doubt now. About 250 million more shares diluted into the OS, RV03 gone, and the company never told its shareholders, and the inevitable 1 for 250 RS about to happen...WOW!!!
It has already gone down the drain and took everyones money with it. Like I said though, anyone who wanted too, could have a good case against Chain. If Chain puts the blame on Intellect then you would have to pursue them both. I have already shown a lawyer The Pr Chain put out last year before he abandoned the company and we found out that he was pursuing an antibody that is in direct competition with Intellect for himself, while he was still CEO. I am also pretty sure the company did not notify investors in a timely manner of this event. GLTA
WOW!! Major dilution going on here IMO. I wonder how many shares the company has dumped into the OS since May. I am going to be very interested in seeing what the OS will be after the RS and also if the AS will remain at 2 billion. I now believe the only way anyone will be able to re coop any losses here will be for them to sue Chain and or Intellect. What a disaster! GLTA
Another trading week is upon us, and all I can say is if you thought last week was bad for this stock then don't look this week....gonna be real ugly trading. I see sub sub penny by end of week. GLTA
Only thing I can think of is that he isn't considering it an asset because it is to far off from being ready for clinical trials. At least they mention TauC3 in PRs...what happened to RV03? What happened with it's pre clinical test? Did it just fail? Did they get rid of it? Way to keep investors informed. Deals , you say you are a lawyer, my question is besides Chain, who I'm pretty sure that eventually I will take legal action against, is would Maza and the BOD of Intellect be culpable if they new Chain was trying to secure that antibody for himself for a while and didn't inform investors right away? GLTY
TauC3 probably went the same place as RV03...gone. Wouldn't surprise me if it was gone, am I the only one here who remembers RV03? They were saying it could be like a flu vaccine for ALZ. They were conducting pre clinical studies that started over 2 years ago, and then Poof...gone. They don't even mention it in any of their PRs. What happened to it? Were the results negative? Why did they not tell investors? GLTA
lol...No way is this stock going to $5, it's not even going to go to a dollar after the RS. If we don't get a buyout before the RS then your money is as good as gone IMO. GLTA
I also believe, after talking with a few lawyers, that I or any other shareholder could have a good case against Chain. GLTA
No, I don't want it at .0025...that is where it is going though. I want a buyout for anywhere between .015 to .025. It doesn't matter what I or you want though, the stock will continue to go down. I believe there is a lot of dilution going on right now and it won't stop until the RS. Then shortly after the RS I believe the dilution will start again. I don't do PMs and anyone who is planning to get rich off of this stock is delusional. GLTA
Anyone who wants to buy in at .0025 I believe will have a good chance at that price today, although you might want to wait till next week when I believe the stock will be half that price. GLTA
Nice little dead cat bounce here for anyone who bought in the low .003s. I believe we will see .0025 by friday and then next week we will be in sub sub penny land without news of a buyout. GLTA
Here comes the plummet right on Q. The only thing that can make this week worse would be for the company to put out another PR...lol.
No, it means they issued a ton of shares since the last 10q...they did this the last time they had a RS. I am seriously thinking about legal action against Chain. From the few lawyers I spoke to, they said I would have a good case if he in fact pursuing that other antibody for himself while he was CEO of Intellect. GLTA
I think this stock is going to plummet this week. I can see it opening at a dollar on Monday and closing under 30 cents on Friday. I don't believe there is any chance of a partnership now since Intellect is saying that CONJUMAB is still going to be in pre clinicals. They don't have anything ready to bring into phase 1 for anyone to partner up with them. I think if a buyout isn't announced the beginning of this week then everybodys investment here will be worth almost nothing very quickly..if it's not there already. I still can't get over it...1 for 250! HORRIBLE!!
tyfoidhana...I am going by what the company has and is doing. They pretty much just washed, rinsed and repeated what they did 3 years ago, only this time there was a much larger RS...5 times larger. I would tell anybody who was looking to get into this stock to stay far away from it. I can very well see this company doing the exact same thing down the line...dilute and crush those new investors as well.
Don't worry Fly...any new investors here will eventually get screwed over just like the last new investors did after the last RS split. I sincerely hope you aren't broke from this stock. This is a pink sheet and things like this happen all the time on the pinks. Never put more money into any stock that you can't afford to lose. GLTY
I believe the AS hasn't changed. Should still be 2 billion shares
So that means those investors may purchase 9.6 million shares of common stock...do you know what the adjusted price to purchase is? Or do they still get to buy those shares for virtually nothing
Here is a question...does anybody know if the amount of common shares those three investors can purchase is still 2.4 billion or were the amount of shares adjusted to the 1 for 250 RS split?
lol...No way will there be a nasdaq listing. About three years ago this company conducted a 1 for 50 reverse split and look how good that turned out...lol. There were approximately 26 million shares in the OS after that reverse split. I believe it was Maza who orchestrated that reverse split as well. This company is done. I am glad I didn't pump a lot of money into this. Anyone who thinks a 1 for 250 reverse split is a good thing is nuts!...lol. Can anyone here name a company that conducted a reverse split like that and had success? I know I can't. lol. I give a lot of credit to anyone who still thinks there is any type of investment here, I just don't see it. GLTA....and yes I will still hold until a buyout or bankruptcy.