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If you had 20 million shares with a cost basis of 13 cents or so wouldn't you sell up 250 percent? The game for toxics is to make money quickly and move on to next investment.
The new MFO can sell down the .20's now and Leo will issue the next PR in April when trial completes since it started last-week? LOL
Here's the link zero info... Not even they've recruited or are...
Leo's trial start PR was pure BS...
https://clinicaltrials.gov/ct2/results?term=%22innovation+pharmaceuticals%22&Search=Apply&recrs=b&recrs=a&recrs=f&recrs=d&recrs=g&recrs=h&recrs=e&recrs=i&recrs=m&age_v=&gndr=&type=&rslt=
Really, there wasn't much uncertainty the past 5 years issuing PR after PR for P/OM/UP and now CV19. Now, he's going to stump the world and hold back important info about dosing first patient... He'll surely trick those naked shorts... The facts are clear, dosing has yet to start or we'd see a PR... He's done so the previous trials...
That's your opinion, but those who are up big know there's risk involved... Results will be the deciding factor for the PPS, believe the rally for trial starting is over...
What PR? Didn't the trial start last-week? Oh that's right, nobody is certain...
Speculation could have been prevented if Leo mentioned recruitment or dosing for last-week. Or even better, issue one PR the day dosing starts!!! It's all about making the toxic boys happy... He got a rally to .50 which was a bonus...
Unless Leo announces dosing today, don't believe Reddit or Robin Hood will save this stock... From .50 to .37 to the .20's so typical of IPIX... Cmon Leo, jump out-of-the-pool and announce something?
Those with IRA accounts it's a no-brainer to flip or take profits... No capital gains, no paperwork.
Why is it nonsense because it's not your strategy? You honestly believe a filing for 20 million toxic shares is good? They miss-calculated the 5 percent rule like Livinstin and the stock dropped big-time after that... The trial start is MIA until Leo announces dosing first patient.
Wonder how long recruitment will take if it started last-week? Do they need the full 120 signed on?
If the trial was suppose to start last-week, the FDA site should have been updated since recruitment is part of the deadline to file... Obviously, the CRO was not recruiting 3 weeks ago... Once again, Leo does it to the shareholders with just enough info to spark a rally but no concrete evidence of dosing...
Heading to the .20's with no news, same old IPIX... Missed timelines and extreme toxic financing... Makes sense to get out and buy back in the low .20's..The earliest results will be is April.. Too much time...
20 million shares ready to be sold... The new MFO was smart, waited until the 40's range to tap into the vault... Question remaining? Is this it (20 million)? Since the filing occurred a few days ago good chance the number is down big time... Doubt they wanted to be noticed but misjudged the 5 percent amount... In a few weeks more discounts!!! Gotta love Leo's backside deals to the shareholder...
From Moderna... they PR'd dosing recently... It's obvious the trial has not started but recruitment...
https://www.clinicaltrialsarena.com/news/moderna-dosing-study-japan/
Moderna has dosed the first participant in the Phase I/II study of its Covid-19 vaccine candidate, (mRNA-1273 or TAK-919), in Japan, led by Takeda Pharmaceutical.
TAK-919 is Takeda’s development code for Moderna’s vaccine candidate for Covid-19.
Moderna CEO Stéphane Bancel said: “We are pleased that this Phase I/II study of our Covid-19 vaccine in healthy adults in Japan has begun.
The FDA doesn't regulate equities and surely doesn't have the right to tell XYZ how to PR their news... As long as trial data is provided with facts and approved so be it... The SEC would be the agency looking into fraud... Why would Leo issuing a dosage PR be illegal? As long as he doesn't specify where or with whom hospital/clinic... There's no new laws created... Today, we've begun to dose our first patients with news on which continent should be allowed...
It's not negatives but reality... IPIX is not a difficult company to figure out... It's an R&D department with a staff of 5 hoping someone will buy the assets... A stock which raises capital rather than an internal department that's funded within. The optics are so obvious what's taking place... Good data they're sold, bad data it's back to the OM/UP, Locust Walk party.
B/K could be the best compounds to science, but if one doesn't have proper financing it won't matter. I've been saying for years Leo needed to address the stock price or sell the business... Nothing has changed with good CV data as they're still cashing in pennies to raise dollars. Still hopeful of an IPIX sale in the 80 cent to 1.50 range... We'll see.... Everything rides on P2 results...
Nothing has changed the past 8 months. Either B works or doesn't for a trial that hasn't started. The only reward has been added shares to the outstanding... No grant, no partner, no hiring... Same old IPIX... Waiting for the homerun that never happens. This time will be different because the RBL had a part-time crew test B for 7 months. No urgency at all...
Leo's swimming at the moment... Waiting for Jane's text on recruitment...
The pretend CEO did it once more to the shareholders... Build, build, build an event that fizzles out. He issued a PR for every trial dosing but this one... Why, it's because it has yet to begin... Possible they're recruiting now... Would have been nice to know, every week counts as people get vaccinated. Revenue potential continues to drop...
Leo disappeared, same goes for the trial start... Guess they filed the papers for recruitment? March here we come... By June there will be results!!! We believe... LOL
If anyone has Linkedin premium maybe IPIX's trial contractor can answer a simple yes/no if the any patients have been dosed? Not sure that would break any disclosure since Leo has mentioned it starting?
Hard to raise capital at such low stock prices... Why it mostly fails and surely is not practical unless desperate. What would have relieved the out-share machine was grant/partner capital or higher stock prices... At .40 still a horrible conversion for any new deal. The 4.95 rally was a positive ratio.... A share of stock raising more than a buck...
The daily rally to .42 followed by the dump back to .37... Clockwork...
The facts are simple. IPIX has 4 employees, 1 or 2 contractors, 2 board of directors who disappeared and 30 million toxic financing available for phase 3 if phase 2 passes... Does anyone really believe Leo is building IPIX from ground up? The clues have been obvious since Dr B departed. Let's hope Leo can find the right buyer...
It's Leo who failed to find a partner and grant money. Also, have new investors read the Q filings? Doubt very much... Why the big money won't touch this equity... No structure, just 4 employees and few contractors playing biotech with limited cash.
Yes, Less cases, Leo still in inning one... Hurry up...
Fat, have you ever mentioned diluting 35 million shares at 13 cents for possible reasons for a lame stock price? You guys crack me up with the naked short conspiracy. If the market is rigged then why buy shares at all? Ask Leo to up-list? Or, buy stocks on the big board...
Continued dilution at .38 all day long. Need news soon but at least holding some.
That's bogus, Bid/ask resets before 09:30.... What you see are market makers playing games... Also, any day limit orders expired from yesterday so that makes early bid/ask misleading...
Here comes the .20's plunge as Leo stays silent...
Dilution just continues to erode shareholder equity... Why Leo used the MFO over Aspire only he can say... But, he surely prevented any chance of this going back to .65 let alone hold .30... Offering 13 pennies a share is a disgrace for the Gold Standard... Where is the grant money?
Corruption going on at .37 by Nite... 2500 ask that hasn't budged with tons of trading... LOL You are what you trade on...
My late Feb trial prediction still has life... Cmon Leo! Where's the beef... From Q4 to late Feb, helluva timeline...
Agree, the trial hasn't started as Leo will surely PR the event... Lets see if he issues a statement today? tired of next week, next month, next quarter...It's all fluff news to sell stock and it worked. CDEL is dumping like crazy.
That's the 35 cent question. A trial start could be recruitment or the papers filed... The pretend CEO should have waited for an official start with actual dosing...
Leo just fell off his float... Man, what am I going to do, trial hasn't started and how long can I wait for an update...
Not a walk-down its trading where it should... Until the pretend CEO provides financial guidance and not crippling stock sales what you see is what you get...
Leo hasn't mentioned anything about a trial so it was overdue for a big pullback... Also, getting Reddit involved was a big mistake... Look at GME... Not surprised to see this trade back to the teens and twenties.