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it looks like the worst is about to happen...which considering how disgusting has been over the last months...one has to wonder what the worst could be !!
Scam ? Delisting ?
Why there is no karma for dr Odidi ??
good luck mopar, good for you you are out this pos.
to me -95% or 98%...doesn't make any difference ...the money left wouldn't suffice for a good investment to try to recover
if you live in Canada you could try to tell your story to some local reporter...at least to let people know who Odidis really are
Wim, the only hope we have left is to sue them ...and go after their personal belongings.
These people should find their proper place in the society... disgusting as they are.
Impact, how can a retarted understand the implications of news,PRs, developments, cash burn, bonus-for-nothing, emplyees-for-nothing, etc...
it's too difficult for his brain
Impact, consider that right now we have Amina Odidi as CFO. Therefore we have an incompetent idiot CEO and a total unexperienced CFO...the magic team
plus: IPCI 006 wasn't even mentioned in the most recent official docs, and now it is an IND ??
plus: they didn't expect the Effexor approval, so they had to prepare the PR and they are now making calls to arrange a partnership or whoever knows which magic solution for commericalization
plus: they have been totally wrong about the extension asked to the NASDAQ (honestly big time); this is the biggest evidence about incompetence at the highest level
If I lived in Canada or relatively close to IPCI Headquarters I would organize a public venue in front of their premises, to have Odidi story reported on local news.
The man is an insult to the shareholders
you gotta be kidding me. make my DD ? go read when I started writing here !
the FDA approval news is not going to change the NASDAQ listing requirements right ?
the HAD to be over 1$ ...now the NASDAQ (not me) is saying that IPCI is NOT ELIGIBLE for grace period.
yes, I can see the run...from -32% to -29%
If there is someone who knows where dr idiot lives...pls pay him a visit...maybe with a camera for a quick interview to post on youtube...let's spread the word...
let's give him the opportunity to earn the reputation he deserves
-27%...good job ...the magic couple !
"The company is not eligible for a grace period"
Guys beware, the wizard of Nigeria is gonna appear in front of and steal your money before you even say...idiot !!
Welcome to the Odidis world; for those new here, you have been starting to understand what kind of idiot is running the company.
What we are seeing is those in REAL control of the company making their moves to prepare to steal the technology and pipeline from the two married scientists.
Only an idiot could have not managed properly the NASDAQ delisting after a panel hearing just a few weeks ago.
Those who are new, keep on writing emails to dumb&dumber...the major part of us long time shareholders have been very likely put on ignore list since nobody is getting any kind of reply
Dumb & dumber
It's them
Notice of Nasdaq delisting.
Mr genius did it again.
Only a retarded could have think that the release of a couple of PR with no numbers and no timeframe could have moved the price up.
So it is perfectly in line with Odidis style.
Imagine if you are a small enterpreneur and you go to a bank asking for a loan presenting a statement like the PR they issued...
how many seconds before a kick in the a$$ ??
it looks like a joke...all these many months to come up with eventual future sales in Vietnam e Malaysia...you gotta be kidding me.
Was this the job Patient was paid for ?
Get ready for the imminent NASDAQ delisting communication.
Fail-didi is a visionary professor...when he takes opioids as a volunteer rexista home-made trials
you are probably right. I expect anything from them at this point.
I don't see a Rexista re-filing (very unlikely) as a major stock mover, unless the results of the studies look above competition (very unlikely).
So how do we avoid the delisting it is impossible for me to imagine, given their track record of persistently taking the wrong way.
god only know how much I hate the Odidis...a little more than how much I hate myself for putting faith in these idiots
another RS is the most likely solution that these deep minds will come out with...another 10 to 1
if there was a plan in that it could also been a positive, given the n of shares will be so reduced that an easily orchestrated action would push the price to whatever level possible.
diven dumb&dumber don't have a clue, it will just mean nothing excpet they once again will say the world they have no developments to announce....so let the shorters reign
Doog...dumb&dumber will surely find a wonderful solution to the listing problem.
Wim, my typo error, should have been "should have not"...
based on my logic the price whould in fact go up in order for Boyd to have a good gain...but it isn't.
so why added my sentence about abonding logic thinking.
Boyd should have not interest in the price staying low...but ...once again what you can expect it is not what you see with IPCI
I dont' underdstand why before the last offering he decided to reduce its holdings to below 10% (being much higher before).
Anyway I guess if does want to convert the pre-funded (@ 0.01) he should have interest in the price not going up until he has finished.
I give trying to desume by logic what could happen...each time I did it it went the other way around
So, which are Boyd ultimate plans?
Trading ? Shorting ? Changing the company?
Any remote possibility of a re-pricing is linked to the info he has and the actions he will be taking .
For us long time holders..we have to hope he is still here for a turnaround
Can only be a paid piece.
One of the worst CEO for sure.
Odidis and the concept of delegation. The ipci Bod and the concept of strategy steering.
New business concepts brought forward by this bunch of inept, idiots and thiefs
agreed. we have to be prepared and try to understand which are the legal aspects we can consider based on facts, actions and misleading communications.
Also I would try to understand which kind of info is conisdered material and needed to be communicated to the market and which one is not (I am thinking about CRLs on ANDAs).
if there is space of action we gotta start to put our pressure to the BoD and make them understand their personal assets are at peril...I know there is a very tiny possibility
somebody could try to contact them...not sure they will speak, but even an encrypted indication of what it is really going on...
My idea is we have to prepare for a legal action against the BoD
you should make a little DD...as we did ...and got screwed up all the same.
the company has 50 employess and the two Odidis earn 500k usd together in yearly salaries.
burn rate in theory increased due hap studies, maybe podras and some other phanotomatic experiments.
truth is ...everybody is stealing money from compnay's cash
So it was Patient himself causing the high burning rate.
The burning Man...LoL
ImpactPharmer...still liking to fool around small shareholders ?
unbelievable
everybody, the link I posted Yesterday was my try to understand what lies behind Odidis connection.
Odidis are looking con artists rather than scientists.
the only answer I come up to the question "why isn't anybody trying to kick the idiot out?" is that the entire company is a complete disaster and nobody really wants it
the origin...I am trying to understand how much do the Odidis have at stake.
I found this, I am getting a bit lost, but I have an increasing feeling they already more than recovered everyhing they put into the company via their salary packages.
which explains why they didn't care a bit to smash old time shareholders. they are acting like they have a free call option...if it goes to zero they lose nothing (excpet future salaries)
long read about the origin
http://files.shareholder.com/downloads/ABEA-43EQSZ/0x0x348186/b19a6d51-1849-48e4-a70d-3d39d69f173e/Joint_Info_Circ_Sept_16_2009.pdf
Would be useful to understand if he has real money at stake.
Could be a proxy for the scam/idiocy conundrum. LoL
Any idea of the REAL money the retarded put into the company since the beginning?
5-10-15...how many is a credible number?
The retarded Nigerian looks to be preparing for the last con action...this is what market is saying.
Couldn't imagine a dumbest CEO.
Hope he gets ruined by his arrogance
Ok thanks, didn't know ELTP was about to file for ch11
U R unbelievable and beyond
GOLDEN
"But whatever you do: assume the worst, assume everything they say is hopeful guessing at best, assume the PR's are intentionally misleading, as they have been in the past. And for God's sake, don't bet any money you can't afford to lose. This stock is a high-risk speculative bet. It always was. "
they don't even bother to update about NASDAQ compliance.
my point about the story I linked to was that a transaformational turnaround could make an almost dead company into something good.
shares out are still 4.4mln on Bloomberg; more than 2mln of the recent offering still not showing.
current mkt cap is 2.6mln
even an idiot could make a plan to cause a repricing towards 26mln mkt cap (around 6$ with 4.4mln or 4.3 with 7mln shares).
guys,
land where ipci buldings are is Worth more than the entire IPCI.
2.6mln is virtually nothing, the company is currently valued @ ZERO
1 - impact is a fake
2 - company officials cannot say anything material to anyone as you stated, but they also cannot mislead investors, disseminating false information
3 - the only person I remember here on this board making warnings and trying to make everybody see the nothing that was in the Odidis has been Amigo Mike; name the Others pls
4 - I am not sure if somebody on this board ever considered impact a real investor in IPCI
the point here is that a good management understands when there is wall you are approaching at good speed and take actions for a turnaround.
costs for salaries higher than mkt cap...call it idiocy
the kind of story everybody here would have dreamed of .
https://www.marketwatch.com/story/this-tiny-biotech-spun-a-quick-2-billion-from-12-million-2018-10-18
Although someone still believes Odidi is good for his job and the BoD is perfectly capable of doing his as well, the "transformational" word has never adn will never come out from the ipci s..t.
wasn't easy to have an ambitious 1bln mkt cap target and reach 2.5mln e few years later.