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Will the the lawsuits follow here? There's 50 plus press releases touting B for C and very few others since Feb 2020... A little one-sided manipulation...
MM's suckered some in above .20 to only bring it back to almost even... Yawn... 7 more weeks until judgement day.
What do you expect? IPIX shareholders are fortunate there's one market left that will take them... The alternative is to fold or go private...
Never failed a trial and never advancing to phase 3... Absssi was a failure, how many millions spent by Polymedix and IPIX on multiple trials? Phase 2 success should be judged on phase 3 advancement leading to approval.
Walmart/Costco no masks required... If someone wants to wear a mask go for it... Should have been the rules all along... They will not card people... B will have no need for the USA after a phase 3 in a year...Maybe Menon and Kumar can ask their buddies from India? Oh that's right, Leo canned them...
If Leo doesn't get emergency approval a phase 3 will be a waste of money/time...6 months to run 120 subjects for phase 2, good luck running 2 to 3K. Exactly why the conman CEO is shifting focus from last PR... Now he brings up other projects after 15 months... Can anyone say dead money...
When confronted with ethics and the right thing to do the Leo backers have no answer. Again, when was the last BOD meeting and who is safeguarding the shareholder from one person who has too much power? A Mickey Mouse operation it surely has become. Leo should have been canned years ago, anyone see the 5 year chart?
Leo hasn't followed regulations in years. Why very few take IPIX seriously... When was IPIX's last board meeting?
https://info.legalzoom.com/article/does-corporation-really-need-board-directors
Corporations must have an elected board of directors. The shareholders must elect the board. In most states, the board of directors must meet at least annually. Minutes of board member meetings and decisions are usually not required by law but are important for protecting the corporation's shareholders from personal liability and ensuring the corporation's smooth, effective operation.
Yesterday's PR made it appear the next 2 years are booked. All projects nicely displayed with timelines... One major problem, how does Leo intend to pay? Alphasigma's trial is the key if CV19 blows up...
Yep, too many days until final data.... 8 more weeks of a slow drip downward... Might see some buyers the day Leo announces a data lock that will soon sell off... Also, what's Kips Bay strategy with 20 million shares? They know the timelines also... Hard to rise with that much inventory for-sale.
Yes, if that's the route and he FDA doesn't clear emergency use they'll have to find a desperate country that will. India/Brazil come to mind... Of course the data will have to blow the doors off for only 120 subjects...
What will they learn from 120? If 60 would not be efficient, then 120 sure as heck won't... Either someone swoops in and signs B for emergency use or they have to run an expensive phase 3 which they have no funds and how long will that take? Yesterday's PR was a signal of here's what else we have if B for C doesn't work out... Leo's been awfully quiet about post phase 2 plans...
Another month for full recruitment and another for results late Jul, early Aug...Interim data for 60 would be known in 2 weeks... Why interim for OM and not B for C?
Kips Bay has 8 weeks to dump 20 million shares... doubt they'll be holding into results... They're already up a large percentage on the gift deal.
Leo needs to contact India and get B onboard... 343K new cases in one day unreal.... The key is how fast can they produce B to help.... Why interim data made sense for a pandemic... Data for 60 should be available soon. Emergency use is the only route for B.... Phase 3 too long a wait and costly...
https://www.cnbc.com/2021/05/14/india-covid-crisis-cases-rise-but-remain-below-may-7-peak.html
Masks are history, CDC no need if your vaccinated... Now the restricted Governors will have to follow... USA back to normal in a few months
Let's hope Leo hits the Mega Millions for CV19 otherwise he won't have an equity left to dilute. Painting pretty pictures with no means of paying is just gossip... An update on Aspire and other possible sources would go along way.
Also, Leo's paid contractors, employees and others with stock... With many millions outstanding it should trade close to a mil each day... Average volume has been trending lower...
What's also strange is Leo not mentioning a phase 3 or emergency use? Not sure he's that confident....
Concerted effort to whom? If anyone makes investment decisions based off chat-boards they should not be in the stock market... Same goes for many who pump up an investment that's as speculative as it gets... There is an ignore feature and other boards to read... Imagine the Apple board back-in-the day had many posting negatives when they almost went under... Microsoft bailed them out with an investment.... It's not negative to bring up concerns the CEO should be addressing....
Decent update, Leo came clean on other projects... Would have been nice to see a new hire onboard or third BOD...
17 pennies what a disgrace!!! The worst pandemic in decades and our accountant can't deliver the best therapeutic known to mankind. He ran the total hyped job into the gutter like OM/Absssi and UP... Only 2 employees remain while judgement day pushes back further...
.17's on the the ask, ship continues to sink. Leo's communication will be a dreadful Q report. Not much else to inform, read our 30 pages of IOU's and dilution calculations.
Yep, a new CEO should have been added after the Prurisol disaster, B had potential but they have an accountant running a biotech. Goes back to who is watching out for the shareholders? Bingo!!! Nobody!!!
Leadership? They have 2 employees and 2 board of directors... This is basically a 2 person operation trading on a public market... Only in the USA do operations like this flourish. Zero accountability to the shareholder... CEO performance based on stock price? Leo should have been fired years ago... Now, they don't provide status reports for company outlook/agenda... CV19, CV19 fluff all the way to judgement day. Time to hire a good lawyer Leo your PR history will be your downfall!!!
If some here didn't see this coming the clues have been there all along... Dr B no replacement, no grant money, no partner, trial in Russia, no hiring, Kips Bay awful deal over Aspire, Aspire no status and now 2 employees gone...
Smart money left this and will continue to exit until the pretend CEO lays out an agenda past trial results. Can always buy shares back but will lose everything if data misses. Those who sold above .20 have no reason to buy back until Leo has a strategy.
No doubt IPIX is finished with poor results. They can't raise funds now with the SP so low... They used up over 100 million shares to raise 10 million. How can Leo and Jane continue on with the same projects that made no progress the past 16 months.
Many here owned at 6 pennies before the CV19 hype understand... However, there is a chance to lose everything if data flops so don't invest what you can't afford to lose... 18 pennies is better than zero...
Keep paying his salary, if Jane leaves Leo will be the entire company!!! Nice having total control of shareholder funds by Kips Bay friendly deals.
Leo's not convincing many to buy shares... Because they appear to have a phase 2 trial that's 100 percent of all activity is not good enough... Where's the fall back plan post P2? Show some progress on other projects...
The CEO needs to come clean with an update... This slide shows no signs of ending. Phase 2 beyond plans, other projects, finance update... Too long await for trial data...
When you throw all your eggs in one basket and abandon other projects for 15 months you better not miss on the data. To stay silent this long about strategy is the worse thing Leo could do. With 2 employees gone recently it doesn't bode well for the future unless he has a buy offer waiting on results... Post phase 2 will be interesting...
Wouldn't the company want the data early for a pandemic? 2 months can make a huge difference. They had interim for OM so why not something more critical? Leo's stalling for time before judgement day. Also, if they wanted the trial to speed up why are some sites still not recruiting? The stock price tells it all!!!
If they’re getting closer to 120 why bother to add more sites? The only PR that reverses the decline is good data or Leo comes clean with a strategy for this company. Right now, nobody knows what’s going on with other projects, financing and hiring. Why should anyone own stock? If Leo was interested in the data he would of had interim results. Doesn’t seem so confident. He knows poor data is the end and why he’s cutting down the few workers he has.
The facts are right there open up the Linkedin profiles. Kumar is open to work, Erica (trial head) is out... Guess Leo's not planning for expansion he and Jane can keep the IPIX dream alive.
IPIX Trial Leader is gone... That's 2 positions eliminated the past month. Not looking good for the Wakefield gang of 2... Leo/Jane
2 employees for the next Regeneron!!! Leo saving his pennies for the August final plunge. To not have interim data is all we need to know...
https://www.linkedin.com/in/erica-silverstein-lakatos-94596a39/
https://www.linkedin.com/in/ashok-kumar-5a157228/
It's about the trade isn't it? Bet many here have no idea what a balance sheet is or how many employees they have. The CEO controls everything as the BODs don't exist. However, it's about a penny trade for an equity that has no following.
Guess the stock has to trade to zero and be halted before people realize they've been fleeced for 12 years now. At least there was an opportunity to sell above 50 pennies several times... Those days are long gone.
Have you noticed how much this has fallen since the trial started? Wasn't the stock suppose to increase or at least hold? The 300K ask sitting there for over an hour with no takers is a sure clue. Nobody cares about IPIX or B Leo made sure of that... The greatest Cv19 killer sits with no partner, no grant or Govt support. However, Kips Bay got a great deal to dump 50 million shares.