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.
If you were in Chicago, it would be "DA BEARS!"
Seriously, I would not be on this board if it wasn't the only place that I might get some info on ILNS lately.
Everyone, have a great weekend!
ABM
With the amount I lost here (unless there is a MAJOR turnaround), if I didn't keep it light, I would probably want to break something.
With this board, at least I know I am not the only one who was drawn in by the possibility of helping this company find a cure for AD, only to have it wither away to nothing.
ABM
Sure he will.... and I got some land in Brooklyn with a bridge on it if you are interested!
ABM
Yup. July was busy with them. Now it is end of moose/bear season.
Fill the freezers now. they are calling for a cold winter!
ABM
You missed a lot. The whole world has changed....
except ILNS....
Just sitting there, getting old and dusty.
ABM
Thanks for the update, dbing.
I appreciate what you and the other active members of this board are doing.
I am in a wait and see mode. I have resigned myself to the fact that I already lost the money I put into this. I am so far down in the average PPS (down 98%), that any bump up would look nice.
ABM
Just a shell now.
I think, and it is only my opinion, that without REAL news soon, sub-penny is possible again within 6 months.
ABM
Just for fun, I expanded the charts to include PPS changes since inception.
Using todays PPS and counting in the r/s x 2, the stock used to be worth over $40K per share.
Makes me sick.
ABM
dbing, I am with you.
ILNS looked like it was an innovative company for a while. Now it looks like an "also ran".
All Maza can do now is wait for one of the companies doing the research to call and in the meantime, collect his paycheck.
ABM
I got the itch to buy some more too, but can't scratch it yet.
If the wife knew how much I spent here already, I'd have to sleep with one eye open.
ABM
True about Maza needing to talk to us.
Last year he stated he would provide updates, but all we have gotten recently is DEAFENING SILENCE!
Last 10-Q was May, so we are due for one. Let's hope!
ABM
I still think the .08 is coming soon, but strangely, I want to buy.
I won't, because I've thrown enough at ILNS over the past years and I haven't bought any ILNS stock for the past 2 years.
Until Maza can make ILNS walk the talk, it will continue this slow death spiral.
All of this is IMHO.
Treehouse for my ILNS buddies is getting full, going to add an addition soon.
ABM
Getting cooler and the leaves are changing.
Maybe the view will get clearer when the leaves fall. (news about research or sale: maybe but doubtful)
Anyway, welcome to the treehouse, it/rock/deals!
I enjoy the company.
ABM
I think ILNS needs a 180 degree turn. Cuz it's headed the wrong way down the street!
ABM
The treehouse bar has a great happy hour!
That's why I live up here.
BTW. if you got your box house from IKEA, don't try to follow the instructions. It'll only give you a headache. Use it for kindling instead.
ABM
Got me on a good day.
My good day, not ILNS's.
But I guess any day where we aren't ending lower is considered good nowadays. Sad really.......
OK back up in the tree I go. TTFN
ABM
And, just to show the perspective, at .13 cents we are trading at 26% of our recent post Reverse split PPS. Maybe they will look at delisting us back to the stone age again.
ABM
We will see 8 cents quicker than we will see 50 cents again.
No news is no news. And without news we are drifting lower and lower.
Meanwhile other companies are showing results (or at least positive info), so whatever ILNS news does break, it will get lost in the noise.
ABM
Anything good that happens is sheer luck now since ILNS is NOT holding the reins on any research of it's pipeline products.
ILNS is like a poorly run sports team. Trade/lose the star players and can't figure out why you keep losing to mediocre teams. Everything Maza has done only makes that clearer. Maybe the lack of communication (after he promised MORE communication) is his egotistical way of thumbing his nose at the fans. Since he is still getting paid while sitting on the bench.
I am here only because I invested in a company who I thought was progressive and might actually help people. Guess I was wrong.
ABM
Updates to I-Box
I started editing I-Box.
If anyone has NEW and RELEVANT information they want added, post either the link or the info itself and I will upload the next time I am on.
ABM
Cleaning up I-box.
Everybody,
I will clean up the I-box of old stuff, but before I do, I want people's opinions as to what is still RELEVANT. As an example, my feeling is anything over 2 years old can go except for the company pipeline info.
Give me your thoughts by replying to this message and I will start by the end of the week. (so people, especially the other mods, have a chance to have their voices heard)
ABM
This is all just a big puzzle.
The only issue is we don't know who has the pieces and when they plan to put them in place. (I don't think Eliot even knows)
Not buying/selling, just hanging on until we get good news or this POS zeroes out.
I admit, I feel much better since I stopped checking in on this board everyday. Yesterday and today are great examples of why.
We may all own an interest, but not enough to do anything about the lethargy of this stock. So sit back all and go with the flow. Much less stress.
ABM
Just a little ILNS trivia this morning....
ILNS has been trading for 8 years.
July 7, 2015 Trading at .24
June 22, 2007 (adjusted for the R/S x2) Traded at $39375.00
net loss $39374.76 per share.
The true longs here will NEVER recover the loss.
ABM
I am standing pat with what I got. No selling, no buying. I poured enough into this already.
ABM
deals/rock/it
I like how that sounds ...... "Deals Rocket"
Whatever name you go by, you have always been consistent in your belief in the company. I respect you for that. I hope that we see something by yearend cause I hate seeing this being the only RED in my portfolio.
Have a great rest of the week all!
ABM
No real reply to you except to agree, it will be over here sooner rather than later.
Read my post #18067
We can stop worrying and get on with other things in life as this ship has sailed like the Titanic.
Back up the tree I go.
ABM
Rock/deals, you keep trying to convince us but......
There will not be any buyout/merger.
About the only thing Maza can do now is pick up the phone if and when someone calls to say that the research status of one of the technologies/patents has changed.
EVERYTHING else regarding the scientific work is in the hands of other companies.
ILNS is just a conduit now for passing the info from research sites to the people that bought the licenses.
There really is no future for ILNS except to get paid for the patents, pay off the huge debts they have incurred and then either dissolve or fade away to nothingness...
Say Shire pays the "up to $120 million" in milestone payments. We have over $90 million in debt and obligations. Once the preferred stockholders take their cut, the commons will be left at a loss. At least I will be able to claim it on my taxes.
Out of all the investments I have made in my life, this has been the biggest loser (as a percentage over 99%) And I have only ever lost on one other stock so this looks REALLY bad.
All we can do is wait, because there is no real hope anymore.
ABM
UGLY......
And only getting worse for the longs here
Essentially trading at .001 (pre latest R/S) and .00002 (2011 R/S) PPS.
Maza has NO control over what is happening in the clinical trials and there is no day to day activity required. Hopefully this is reflected in his salary.
oh wait... he decides his salary, doh!!!
ABM
The second section you mention is there to address SOX, FSG and CMP guidelines regarding compliance.
ABM
I stay in because if I sold now I would have a 99% loss!!!
Can we hope....... yes. Will it help..... no.
1) ILNS may have these patents and ongoing trials, but once they are over, you can kiss this company goodbye for any ongoing operations unless they bring in a new scientific/research officer.
2) Two years ago we were ahead of the pack in the research. Now we are near dead last in the race. No one wants a loser.
Anyone want to argue those facts?
Back up in the tree I go.
ABM
Good news = drop in PPS.
Typical of ILNS.
Lethargy lives on....
Back up into the tree I go.
ABM
Here is a link for ILNS/GSK
http://www.wikinvest.com/stock/Intellect_Neurosciences_(ILNS)/Gsk_Option_License_Agreement_Antisenilin
Back up into the tree I go.
ABM
And we get someone who DOES want a part of ILNS and then the PPS bottom drops out with the bigger trade volumes.
Seems Barry Honig has some pumps and lawsuits in his past. Google "Barry Honig pump"
So much for the weekly check in.
Back up into the Tree.
ABM
Time to Drop Outta the Tree....
2 weeks since I have been here and the stock price is at .5 (still/again).
No news from the powers that be in Englewood NJ. (Is no news ever really good news?)
Deals and leGion debating the pros and cons.
Same stuff, different day. Life goes on.
Back up into the tree.
ABM
Sorry. Can't help you.
I use Fidelity and no fees were charged.
ABM
It appears trading is open for business and of course we tank on the 1st real trade post r/s.
Gonna be a bumpy ride!
ABM
At least someone punched the ask.
ABM
What is also funny is they are listing the market cap at $300 mil for now on my ticker.
ABM
Deals,
You will have only "lost" if you sold your shares. I'm down 85-90 % from when I started, but I haven't "lost" yet.
Now does Ansalt get the shares before the R/S or after??????
62 mil shares or 9.99% means 620 mil outstanding old. If they came in after, that is what the addt'l 60 mil shares were for that were mentioned back when the R/S was 1st announced.
I could be totally off-base, since i'm not a financial guru like some on this board.
ABM
Somebody is working weekends at/for ILNS.
From: IR (ir@intellectns.com)
Sent: Sat 1/31/15 11:18 AM
To:
Hi XXXXX, we will be updating shareholders shortly on our continued progress.
________________________________________
From:
Sent: Friday, January 30, 2015 2:35:35 PM
To: IR
Subject: Update?
Will there be any update or PRs related to the settlement or the reverse Split?
Shareholders were promised more transparency but the last letter to shareholders was over 3 months ago.
Thanks for any info you can provide.
ABM