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Time, or #shares traded, doesn't matter-insignificant. 2000 shares after 14:44 military time means nothing, $280 "investment".
Joke
Every minute, and dollar, matters.2021-2022??. Ya think.
. Patents, net
Patents, net consisted of the following (rounded to nearest thousand):
Useful life
June 30,
2018
June 30,
2017
Purchased Patent Rights- Brilacidin, and related compounds
14
$ 4,082,000
$ 4,082,000
Purchased Patent Rights-Anti-microbial- surfactants and related compounds
12
144,000
144,000
Patents - Kevetrin and related compounds
17
1,219,000
1,308,000
5,445,000
5,534,000
Less: Accumulated amortization for Brilacidin, Anti-microbial- surfactants and related compounds
(1,462,000 )
(1,158,000 )
Accumulated amortization for Patents-Kevetrin and related compounds
(203,000 )
(164,000 )
Total
$ 3,780,000
$ 4,212,000
The patents are amortized on a straight-line basis over the useful lives of the assets, determined to be 12-17 years from the date of acquisition.
Tic toc,. Management has to learn how to use an alarm clock and control costs.
Amortization expense was approximately $385,000 and $372,000 for the years ended June 30, 2018 and 2017, respectively.
At June 30, 2018, the future amortization period for all patents was approximately 7.18 years to 16.75 years. Future estimated annual amortization expenses are approximately $375,000 for the year ending June 30, 2019, $375,000 for each year from 2019 to 2025, $365,000 for the year ending June 30, 2026, $363,000 for the year ending June 30, 2027, $125,000 for the year ending June 30, 2028, $72,000 for the years ending June 30, 2029 through the years ended 2031, $52,000 for the year ending June 30, 2032, $23,000 for the year ending June 30, 2033, $7,000 for the year ending June 30, 2034 and $2,000 for the year ending June 30, 2035.
"Leo deserves a significant salary increase".
And a nice Hawaiian Punch.
I apologize before posting. You perhaps are right, but I
"The market thinks Kevetrin is another Prurisol(I suppose that statement is true, more than not) and is giving it a very low valuation(I suppose that statement as true, more than not). It will be great to get a phase 2A going again and look for clinical results Agree.
We stopped the last one because Aspire balked at any more capital Agree. We used that halt to get a new financier and start work on K to what measureable benefit to all shareholder's since that transaction?
So let's see what the future brings. K pill should be done soon, if we're working on it. who's paying?
"The market thinks Kevetrin is another Prurisol(I suppose that statement is true, more than not) and is giving it a very low valuation(I suppose that statement as true, more than not). It will be great to get a phase 2A going again and look for clinical results Agree.
We stopped the last one because Aspire balked at any more capitalagree. We used that halt to get a new financier and start work on K to what measureable benefit to all shareholder's since that transaction?
So let's see what the future brings. K pill should be done soon, if we're working on it. who's paying?
"I think interest in Kevetrin is slowly heating up, but it will not be significant until either a completed 2b or an interim in the 2b that looks spectacular(Oh Boy, when will that be iyho?). If we are lucky enough to see this, even before a ph3 is concluded(Oh boy, when will that be,iyho?, the pps will boom(how will those endeavors be funded, in iyho, and will those endeavors require, hopefully not, a reverse split? regardless of any progress in B. Hopefully along with progress in various B treatment uses. IMO"
What's his affiliation with ipix?
"Good news as Ipix continues with Brilacidin's development. The funding source is not stated. IPIX is certain to need partners to develop the oral medications. More news to come???"
I think the next big news for B will be after HIGHLY successful(ie top notch, no other comes close, etc) 2b trials for B-OM and B-UC in a couple years after which they'll announce a reformulation of those B compounds to be inhalable!
And around we go.
LR,
Agree with all you state particularly "The truth is it's NOT a big deal but 6% is 6%.". Heck, there are mutitudes of financial advisors who recommend stop losses at 8%.
What is a big deal as far as I'm concerned is the frequency of such losses with this company over such a long period. Ah well, I guess that poster knows better than me and probably longs for the day to scoop in when ipix reaches a penny.
idk
Are you suggesting a daily loss of > than 6% is insignificant? Back in the day it was when a loss of .008 was ~ one to two tenths of 1%.
kudos on that sentiment.
Amusing reference you made to the simpson's
(https://simpsonswiki.com/wiki/Uncle_Moe%27s_Family_Feedbag)referencethesimpson's(https://simpsonswiki.com/wiki/Uncle_Moe%27s_Family_Feedbag)
Can't wait!
Been hearing that for years:
1. http://www.ipharminc.com/press-release/2016/12/19/cellceutix-reports-24-core-phase-2b-clinical-trial-sites-for-oral-prurisol-treatment-of-moderate-to-severe-psoriasis-initiated-and-open-for-screening
in part(regarding prurisol), "...with full study top-line results in 3Q2017."
Actual late 4th q, 2018, after slip sliding quarter by quarter.
2. http://www.ipharminc.com/press-release/2016/10/27/cellceutix-corporation-provides-business-update-and-timeline-of-upcoming-milestones
"Mr. Ehrlich concluded, "To wrap up, the consistent theme across all of our compounds is strong supporting clinical data and a clear path to delivering a meaningful return on investment(if only that were true). We had previously been largely under the radar of Wall Street and institutional investors, but given our success to-date, we are now engaging in a much more aggressive outreach effort. We have a number of important upcoming milestones, that if successful, we believe will drive meaningful value for shareholders."
Too easy to go on, so I'll spare thee.
My first thought was Nerby s well after reading that (Topspin) post yesterday.
"There are no such plans being made.” How do you know? How do you know the specifics of what might have been negotiated or is being negotiated prior to it being announced?"
Fair questions, which I believe most investors of ipix have asked themselves. I hope I'm wrong, but many have been here for years, including me, and may be really wondering where this long and winding road leads to. There was no Dead End sign posted when I made this turn, at such an altitude much above sea level.
"Part of the market reaction is the failure of the longs to dive in to buy. I have always believed that this is a stock where college kid shorts and old men and ladies play with 401/ira funds, of course some little pharma investors too."
I guess if your suppositions are correct, then those college kids(late teens/early twenties) are a lot smarter than we old time longs.
" The many mistakes and bad outcomes, in my view, are too often tied to the greed, blindly self-interested lobbying and related causes that distort the system and the millions of fine people who work and do their best in it. 400,000 dead, for example, in the opioid crisis is an unbelievably powerful fact that must be addressed nationwide. How did that ever be allowed to happen? In America?"
Opioids have killed more than some of our wars, all terror attacks against the U.S. Clearly people can live with pain, especially temporary pain. Just grind it out. Permanent, severe, daily pain is another thing which I suppose some may seek relief from.
Opioid manufacturer's are just bin-Laden in suits.
https://www.fdanews.com/articles/93119-purdue-pleads-guilty-to-mislabeling-oxycontin?v=preview
I suspect you define turd as does the Merriam Webster Dictionary- "a piece of fecal matter" which flow is primarily controlled by gravity, lest any discharge if it is deposited below the intended source which then requires a pump to elevate it.
I suspect the gravity line is clogged, or the pump is broken.
Thank you Karin, hadn't seen that.
Perused the site a little, mainly the msds, interesting.
"Umm it was reported a bull."
I know, and that makes it more miraculous!
"Wasnt the story that it was a vet drug and Krishna Menon discovered that it made tumors disappear in a sick cow or something like that?"
Yeah, something like that. I think it was a cow in a poor Caribbean country that produced only sour milk. km miraculously was able to formulate a drug which provided pasteurized as well as chilled milk straight from the cows udder. A huge nutritional benefit to the whole country, as it couldn't afford to construct milk processing plants.
"Yeah, that Ray Orbison was one shifty dude. As are blind people"."(From Rolling Stone Magazine- 30 years ago-"if Elvis Presley once called him the best singer in the world, just about everyone else who knew Roy Orbison would add that he was also the sweetest man in rock & roll.. ). Appears you are in the vast minority when it comes to Orbison(he's from a much older generation than me, but I appreciate his talent). Then, you (snowy owl) go on to disparage the blind.
Disturbing and concerning.
"Yep. Soon it will be so heavy with people/shares it won’t be able to move. Unfortunately, Crash Ehrlich the elevator operator can’t keep the people in check and is letting everyone in."
Cut him some slack. He's the ceo, cfo, secretary, manages investor relations, human resources, office administration, project management, contracts, door man, lift attendant, etc. So he's made one mistake among all those responsibilities, he failed to hitch the cable to the pulley.
All aboard, going....
I believe I get the jist of what you're saying but will ask for clarification. You state "I will ask at the meeting if Leo announces a deal with good up front money before the September meeting."
Do you mean- I will ask at the meeting if ipix has aready signed a deal with good up front money?
"I only wear sun glasses at night", remember that song by Huey Lewis?
What I responded to had nothing to do with sunspots. Do you know what they are? I'm sure Leo has seen some, be they upon him, or someone else.
Never let the sun catch you in bed, and never trust those who constantly(often) wear sunglasses.
....I’m good know(now?) cause I know all from my dog who is better than kreskin!!??. Kreskin, a "real" wizard. Sounds like the ceo.
"In 2002, Kreskin made a prediction that there would be a mass-UFO sighting over Las Vegas on June 6 between the hours of 9:45 PM and midnight that would be witnessed by thousands of people. He also stated that if there were no sighting, he would donate $50,000 to a charity. Hundreds of people camped out that evening yet no sighting occurred. On June 8, Kreskin appeared in the opening segment of the Coast to Coast AM radio show, hosted by Art Bell, to explain what had happened. Bell read Kreskin's press release over the air to the effect that: "the sighting prediction was a total fabrication in order to prove people's susceptibility to suggestion post 9/11".
Are you a diciple of Kreskin, or attempting to state something else?
My comments in bold type.
The FIRST questions asked of IPIX representatives at the September meeting is : Does IPIX get revenues from all these companies selling K on the internet(Would/should be noted in quarterly filings). How much have they collected over the YEARS of K being for sale(Would/should be noted in quarterly filings). Does IPIX distribute the compounds to EVERYONE of these companies and if not are they suing for stealing(I'm guessing, if they are distributed, it's via corex, or the other drug developer(forget the name), or even Alpha-Sigma. I think I would rephrase asking instead, how, and by whom, are the compounds distributed?).
Someone earlier said K has been for sale for YEARS on the internet and China and they were truthful(Who declared that, and how do you know, or determine, the truthfulness of their statment?). IPIX representatives need to answer these questions surrounding K(my hunch is iix has received no revenue fro kevetrin(based upon filings) to date, but I'm no expert).
Glixx is out of Hopkinton, MA(town where the Boston Marathon starts).
http://www.glixxlabs.com/
Interesting, thx.
We shall be at a higher sp soon enough once the carnival barker remembers to use the megaphone and the parrot keeps repeating?
Crackers for all!
Thanks. From ipix website. Just thiking as I await someone to answer the phone in Beverly...
ZORIK SPEKTOR-received a BS from Cornell University, and a MD from Albany Medical College of Union University.
BARRY SCHECHTER- graduated from City University of New York and Brooklyn College, and received a MD from SUNY Downstate Medical Center.
ARTHUR P. BERTOLINO-earned a BS in Chemistry/Biochemistry from SUNY Stony Brook, ...
LEO EHRLICH- received a BBA degree from Bernard Baruch College of the City University of New York.
"The Board" has proven itself less useful than t**s on a bull and have done little to benefit shareholders. About the only thing they have in common are ties to New York.
How are some posters here constantly reloading at near lows(with stink bids) then? The average daily volume is ~250,000 shares/day(~5.5M sh/month).
"Dud, once again the shit is pouring off your fingers while you type....You know this is MAY not BE true....the shares MAYwill be available in case of other new partnership..." Dud, you and I are only speculating, for although I use ed the word will, the ceo has not told me that nor stated it.
Colored type added by me.
"Please, just call me Mack."
I read that first as 'Please, just call me back' and thought it was a plea to the ceo.
You're welcome. FYI, mytomorrows is based out of the Netherlands(I think). I believe they have a couple offices now in the U.S, aswell as many other countries.