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they are going to make 5k usd per month on royalties if they ever gonna market it
about the Tentative Approval of Pristiq,
the clown running the company "We believe the achievement of this milestone demonstrates intelli's ability to succesfully take product condidates from development to regulatory approval"
exactly idiot ! you forgot the commercialization, which is clearly out of your pipeline strategy...4 ANDA's approved and not hitting the market.
you should have you MBA title cancelled.
If they decide to go for a commercial partnership, when announced it could reprice dramatically.
It is still very low compared to 18months ago
Not even a price reaction yet.
I have to admit the idiot is proving not to be a scam but just a complete idiot in the management of a listed company.
Wim, source ?
Hope this won't the n4 not commercialized approved ANDA.
The 13g is likely the result of the conversion of the warrants they had from the last offerings.
Sabby Volatility Master Fund...already a shareholder before RS and dilution.
Not the kind of name you dream of for a turnaround.
These are the kind of voltures Odidi sold his soul to.
The buy warrants and short stock.
Let's see what it brings this time
very interesting.
makes a lot of sense Wim
I'm not sure they have enough time for a sheholder meeting to vote another RS.
Anyway it took 10 days before informing the investors, therefore plenty of time wasted IF they are thinking to RS.
There are other conditions set by the Panel, but obviously kept secret by Odidiot.
If history serves as an example, every extenstion (listing, Purdue trial, etc) has been consistently wrongly timed.
No we have the super skilled CFO Amina Odidi which surely has a lot of experience in managing this kind of situations.
Only hope is Odidi runs for some political chair and has to sell the company
You better kick Odidi in the *as beacuse he has been stealing our money and our patience.
The man should deserve to see his name in the mud all over the news.
Arrogant liar
Guess nobody could see the difference between him being in Canada, Washington or Nigeria.
For a moment I hoped he wanted to run for the presidential election = sell IPCI
but then I realized he just love to spend a lot of time wherever expect making deals happen for IPCI
unbelievable
cysonic, the Odidis cannot make one single right decision. So it is difficult to think about some positive step.
IPCI has returned to be a purely family manged company, where husband and wife cover all the possible seats (they cannot be the sole BoD members by the law, otherwise you can bet they would have been the only 2 members).
The only hope here is that someone much more skilled and business wise has a strategy to steal the technology from them and takes the company.
Whatever they announce the market is not believing they can deliver a single promise or take a project to an end.
Why I am still here ? since I lost 99% of the invested capital I am know like a poker player...I want to see if they are bluffing or not.
It doesn't surprise me; very likely the filing was incomplete and they has to make some amandments and re-file.
These family has to be mentioned in every business book under "bad management and counter intuitive self destructive decision making"
Hope they will pay dearly
Could it be that when Odidi read on the newspapers "Shutdown" he thought was referring to his company????
Yes, now we can count on 3 approved ANDAs being covered by the dust.
Hope what goes around comes around sometime
It surely understood how to get easy money without being accountable...but the problem is in the system as well.
Shareholders are naked and regulations seems to be against us instead
The only thing he would understand is watching his private assets being sold together with some time in jail.
But it is not going to happen
What about terminating Odidis ...out ...kicked in the ...
Bunch of incompetents and arrogants
correct, but to hurt Odidi's reputation you just need a coverage on Toronto local news and on Nigerian's websites.
The disaster that man has been making over the last 2 yrs has to bite hime back someway.
I tried many times even on this board to determine how much money Odidis invested in IPCI.
Never found anything conclusive.
It is a big difference knowing if they already reached breakeven via years of salaries and some cash bonus along the road.
Freed, the BoD should be suited, and maybe there is ground to do it.
Only if they see a risk on their personal assets they will start to act like they should have already done.
The BoD has some duties by the law, which it clearly appears they are not following.
It is US shareholders who should try to make some noise;
have Odidi's UPDATED story covered in the local newspapers, maybe a local tv show, have the BoD suited, ...
Odidis and BoD are living like in a protected bubble, where they can do and say whatever they want without any consequence
Wimike, those remained (like me) are just waiting to see where this is gonna end.
Odidi is a f...ing idiot and deserves to pass the rest of his life riding a byclce instead of a f..ing Lambo.
He is a liar and a thief.
The only possibility for a ray hope is that they have been consistent with their track record...starting studies later than anticipated and taking longer than anticipated.
Just a ray
Agreed. Canada and Nigeria.
Well, if he pays for an article, can't we ? how does it work ? we don't want to spread false information and risk of being suited...just pure facts.
A lawyer here could give us an hint
Demential management or criminal management?
Incapacity or intent?
Hope the Odidis will find themselves pictured over some newspapers or tv reports trying to answer those questions.
Those who have been paid to call him a guru should be contacted to see if they are professional journalists and are ready to warn people and to question themselves
consistently driven down ...relentless...
All the new longers on this board magically disappeared.
someone has been implementing a clear strategy since the beginning of the year (just drive the price down); having a couple of idiots running the company has made the strategy a total success.
MALLINCKRODT TO SPIN OFF SPECIALTY GENERICS OPS TO HOLDERS
Transaction expected to create two differentiated pharmaceutical companies with scale - One focused on innovative specialty pharmaceutical brands; One with a portfolio of niche specialty generic products, active pharmaceutical ingredients (APIs), and non-promoted brands including the AMITIZA® product ---- Transaction expected to be completed in the second half of 2019 ---- Spun-off company will assume the Mallinckrodt name; Specialty Pharmaceutical Brands company will be renamed --
10th January 2019: NASDAQ Panel Hearing
Panel: Dr Odidi, did you come up an extensive plan other than RS and new offering ?
Dr Odidi: Ehemm... NO
Panel: we are sorry, you cannot used the same answer already used in front of the AdComm
Please rephrase
Dr Odidi: Oh...NO
Panel: thank you
Freed, how much is arrogance and ignorance and how much is deliberate ?
Many traits fit a scam.
Having now 3 ANDAs approved and shelved smells like s..t
If it is not a scam why no one wants to buy the tech and kick out Odidiot?
WOuld be interesting to know what is the chatting in the scientific community about our Guru.
"or willingly step down"....
...maybe with the help of a gun ? LoL
He will never step down...only hope id someone taking the tech from him. And I feel it is a likely event.
Odidi is too arrogant to see it happeining.
either he partners the NDAs or he will be pushed out.
poor idiot
Freed, here it is
fabione72@gmail.com
Freed, correct, I am Italian. I've been living in Switzerland over the last 10 years.
Italian language is very tough, grammatic is crazy.
I studied Latin at the high school and a lot of their proverbs are still present in my day by day speaking.
I used to apply this one to ipci: per aspera ad Astra.
Are you going to Puglia? Where?
I am originally from a town close to Milan.
Wim and Samsa have my personal email, feel free to ask them if my next msg will be cancelled
Wim, Freed, you really are special persons. What you wrote put all the s..t about Odidi into a different perspective.
Too bad we live so far way. I believe it would be an enriching experience meeting guys like you.
You are great people. Sincerely from my heart
Freed your message touched me.
Good luck man !!!
Freed what is your idea of what's happening? Is there something real in the company?
If yes will someone finally take it from Odidi?
I was just covering the range of the wildest possibilities...and honestly with Odidi even the incredible becomes true.
Samsa,
last year, I wrote a couple of time to Odidi, explaining what the market action was clearly telling: there was a force driving the price down.
Therefore I offered some possible suggestions on how to react.
I just received a couple of thank you...but we know how did it go.
Someone wants IPCI broken; it could be Odidi himself with his plan to move the tech to China (as Wim suggested) or Boyd who wants to buy the tech for cercor for cheap, or the phantomatic Group Pharmers kept alluding to, which wants to destroy Odidi and sell the company in pieces.
Anyway this makes O-didiot much more than a simple idiot
PS
Still no news on Effexor marketing strategy....are we headed for a 3rd generic approved and shelved ?
Is there a criminal intent here ?
would be nice to have a face-to-face meeting with the O-team...or should I say..the F...k-you-Team
lucky me I don't live in canada o closeby to Toronto...I will likely pay a visit to them