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Because I like to perform random acts of reality checks for others.
I am now gone for the week, or maybe 2, since nothing will change anyway.
ABM
One Week Check In
Looks like deja vu all over again.
Magic 8-Ball question - Will Maza live up to his promise to be more forth-coming with info?
.....DOUBTFUL.
They say no news is good news. In ILNS's case no news is no news.
I am glad to see that no one posted here on the 9th and 10th. It means you have real lives to live! I am so proud of you all.
Climbing back up in my tree now.
ABM
If you are going to post old info, please include an explanation as to why you are reposting...
Thanx,
ABM
All the blast off of a wet firecracker
ABM
Amazing!
Weekly check-in time.
We get a Pfizer settlement and we settle for 60% of what was due???
Yeah, yeah, I know, longer trial, more attorneys fees, but this goes to show that ILNS Management either is setting up to sell or they just got no balls to play with the big boys.
Nothing Maza does makes sense on the surface. I think he is acting like he is BBQing a rack of ribs, nice and slow over a low fire, turning it at the right time to keep the juices locked in.
I will give him props for that, but I doubt we will see any worthwhile "pop" anytime soon.
ABM
1 week check in .
True sub penny land!
Happy new year!
ABM
Weekly check in
Only "news" is the R/S is going to go through. Yes my vote ended up being a fart in the wind.
Other then that, same Sh*t, different day. Oh well, back to sleep for a week.
Deals, give it a rest, your BP will thank you.
ABM
That or kicked in the head by a moose. For any of you ILNSers living in the lower 48, send some snow this way. We can't even stay below freezing. Freaky weather!
ABM
Since it is Tuesday, I thought I would make my weekly check in.
1. No significant change in PPS.
2. No news from/about company in the press.
3. Same people posting similar messages about the same subjects.
4. The vote on the R/S is a forgone conclusion. (Yes, I voted NO)
One thought for the group. If you didn't have a computer, what would you be doing right now?
Seriously, pretend that you don't and walk away from this for a while. Does anyone expect that they have any control over this company or that, by complaining/commenting on this board incessantly, you are impacting anyone?
Once a week is working just fine for me. Now, back to life.......
TTFN
ABM
I say build the fire like the other dude said in the video. Marshmallows all around!
ABM
Just checking in on my weekly entertainment.
I see that it's about the same PPS, no news and the same discussions occurring.
How long will ILNS float like a powerless and rudderless boat?
(I thought about using the word ship, but this isn't big enough to warrant that)
There is enough blame to go around. Maza, Blech, Chain etc. all had something to do with the poor state of affairs here.
I want them to do well, but management needs to do something, anything, besides random IRs and CYA votes on the R/S.
ABM
Now that is what I am talking about.
Discussing things outside of this ILNS morass may get your post removed but I still like it.
Another week has passed and NOTHING has changed here.
Same endless dissertations on peoples best guesses.
OK, here is my guess: we won't hear any positive news regarding clinical trials OR the legal process until at least Q2 of '15.
I'll check back here in a week to see if I am wrong.
ABM
Happy Thanksgiving.
Hug the family. Shake a veteran/serviceman/woman 's hand and remember how we and our families got here.
ABM
wEaReLeGiOn, I am starting to come around to your viewpoint. I still have my hope (barely), but the general lack of any actionable positive news has created this abyss that gets darker with every day.
I consider my money gone. No averaging down, no recent buys; only holding on to what I got since I am down over 80% from when I started here.
My only positive thought is that some of my money may have actually got used to benefit the ALS/FA populations, not some greedy shyster.
ABM
445 Shares??
Gone a week... check in and this is what I find?
Piddly shares/dollars being traded in an otherwise dormant morass. Same bi**hing about a legal trial that may or may not ever happen and how we are the underdogs, blah, blah, blah.
Nothing will become of this company/shell/file folder unless REAL results come from one of the clinical trials.
I beg you all, instead of harping on this board ad nauseum, find another avenue for your precious time here on earth.
ABM
Face it...
It is all a guessing game here at Team ILN$.
I don't check in for almost 2 weeks and when I do, it is all the same. Same arguments, same speculation, generally the same price.
People, get a life outside of this board or at least come up with something new to talk about!
ABM
Here's an idea.
Everyone take a week and DON'T read this board, much less post to it.
I bet nothing will have changed and you all will have gained some time in your lives back. Hug the spouse or kids, take a walk, whatever.
This morass will still be here.
ABM
Crickets on this board today.
I guess no news (again and still) equals no chatter.
ABM
From where I started, there is no where to go but up from here.
I assume my money in ILNS is gone and if it isn't...... oh, happy day!!!!
ABM
Since you are mentioning numbers:
How much debt would have to be paid off before a positive bottom line is realized?
That $120 million will end up being just enough to cover it.
ABM
I'm with ya.
ABM
Hey Deals, I have to apologize for not being on the board more.
But as I flip back trough the posts, it looks like a lot of others (except you) are going the same route.
If there is no news coming from ILNS, as promised by the CEO in his letter to shareholders, then there is not really much to hold our attention.
Think he is planning it this way so shareholders will lose interest? (notice my subtle double entendre here)
ABM
Status Conference pushed back until 9/23.
Where's the volume now?
We got crickets!
ABM
Potential groundbreaking technology does not seem to be able to overcome questionable management decision-making at ILNS.
ABM
I would surely enjoy watching a class action.
ABM
I was just thinking....
Say there is a buyout in the near future. And once they pay off the debts ILNS owes, the Preferred get their cut.... Then suppose we common shareholders break even. When and if any of the trials results in a viable drug, the milestone payments go where then?????
ABM
So much for the time of calmness. And having money in the bank.
Nothing left to do but sit, twiddle thumbs and watch the paint dry waiting for the doors to get locked..
ILNS circling drain.
ABM
10-K won't hit until October.
We should've seen a 10-Q. But it looks like they skipped the 10-Q in August last year as well.
Crickets......
Everyone is quiet today.
Either that or there is something wrong with my browser.
ABM
By nebulous fluff, I meant that it will be the same superficial stuff we already know, just prettied up. Still lipstick on a pig.
There will be NO actionable information in what will be submitted.
ABM
Acts of Omission aren't lying.
It is what they aren't going to say that would affect their plans. What they will say is enough to keep the feds from questioning.
I have to face it. I am more in the dark about this company than I was 3 years ago.
ABM
The 10Q will be nothing but nebulous fluff again.
Just enough to stay legit with the regulators and that is it.
ABM
Not by the time they are done taking their cut.
The science is the only tangible left in this morass.
Watch them sell that out from under us for another week's paycheck to the lawyers and themselves.
Did anyone wish Chain happy birthday this week? By being a consultant now, legally he is one of the first to get payment as a debtee when this goes up on the auction block. And some thought he was dumb at finances.
ABM
Maybe if I close my eyes....
Click my heels.....
I'll be back in Kansas again.
ILNS is a lot like the Wizard of OZ. We just need the curtain pulled back.
I think Gotsa55 has made some good points. As much as I hate to say it, this ship is sinking faster now than in the 3 years I've owned shares.
ABM
Two years of hope.
I sunk money into this 2 years ago. Yes, hopefully to make some money, but I also liked where the company was headed with the research.
I don’t analyze charts, trends, basics, etc. when it comes to ILNS. If I did, I would have an ulcer.
Legal court proceedings and the board’s shenanigans with stock maneuvers aside, the possibility of a new drug or 2 for a very debilitating disease still exists.
It may be years down the road before we see the results, but I will continue to have faith in the science of ILNS, even if their leaders drive it into the deep end of the cesspool when it comes to financial matters.
ABM
Well you called it here is the reverse split!
Reverse Stock Split?
http://content.stockpr.com/sec/0001144204-14-050762/0001144204-14-050762.pdf
Something be cooking!
ABM