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The key is how long will recruitment take? Since they have hospitals interested shouldn't take long... That was the issue with OM finding those interested... Are they dosing this week? Who knows...
There's 370 million shares outstanding and only 2.6 million shorted, wouldn't worry too much.
Can you explain why? If you guys are so worried about naked shorting "which is legal" you shouldn't own stocks. Especially penny stocks on pink sheets... The system is not issue rather IPIX's lending practices...
Lets see the .30's hold, third attempt...
The Gold Standard has still yet to receive grant money or find a partner... So Leo takes a crippling deal instead of tapping a more favorable Aspire 30 million... With no explanation except the middle finger... However, lets blame naked shorts... LOL
Why? The problem is mass dilution not shorts... Start a collection fund for IPIX instead of the crippled finance deals at 13 pennies... The MFO is laughing his behind off... less than 1 percent of float is shorted... Case closed...
Loading up the .31 ask... These guys know how to play the system... Dilution strategy on how to dump shares...
Here since 2014 right before the B purchase. At that time the main focus was Kevitrin which help start the 4.95 rally with tumor shrinkage from trial and then the Merck/Cubist deal late 2014 pushing to all-time highs. 120 million out shares back then, remarkable that it's only grown by 250 mil considering the stock price...Of course, the budget's only been 3 million per/Q on average and exactly why science has been stalled.
Market up big today on Reddit collapse... Those guys are fleeing the ship.
I'm leaning towards an IPIX sell soon. Everything revolves around trial results. Good results maybe a buck per share possibly 1.50... Poor results, pack up the bags and go home... Clear indications of IPIX on the sell block... No number 2 hired, BOD left no replacement and all only contractors hired... There's no company build going on... Leo's made it so obvious, throw in no shareholder meeting and corporate updates...
When they're done? You do understand Leo has no cash source other than dilution? There's no end in site as the MFO has another batch soon... Then, who pays for phase 3? Aspire's 30 million of more the same... The hope is a higher stock price to lower share conversion but the lenders know that and will push it down...
Pre-market trading for IPIX doesn't exist for the market they trade on. It's market makers playing games...
https://www.bobsguide.com/guide/news/2006/Mar/8/microcaptrade-is-first-to-introduce-pre-market-trade-data-for-otc-bulletin-board-and-pink-sheet-stocks/
Pre-market activity, representing trading between market makers prior to official trading hours, provides a clear indication of opening prices in those securities and helps determine which stocks are attracting early morning interest. Unlike the NASDAQ and the New York Stock Exchange, there is no official pre-market trading session for OTC:BB and Pink Sheet stocks. However, there is unofficial trading activity that occurs among market makers between 8:00-9:30 AM Eastern Time each trading day. MicrocapTrade is the first and only firm to provide real-time trade data for this pre-market session.
Have a stink bid in at .2499999..... Where's Fat Albert and the Reddit clowns?
At least .30 held 5 hours instead of 5 seconds like 3 weeks ago.
All 2.1 million shares shorted versus another 100 million surely to be added to the outstanding... How many shares will phase 3 use up? Add another 200 million after the MFO's deal... The never ending death sentence continues... However, let's not blame the CEO who still can't find a partner or grant money?
225K ask at .30, let the dilution machine ramp up another notch. Out shares sure to pass 400 million next count... And some continue to blame naked shorts? SHHHHHHH
Not sure Duds predictions have been any worse than many on-this-board. The stock still trades bankrupt level with no grant money or partner signed up... Unless trial results are good to great this company is toast. Nothing has changed since Leo mentioned starting a trial. Only difference it's ready to start.
The reality here will be trial results not a 3 day fake rally by the Reddit clowns...
Dilution continues to kill this equity... Leo needs another cash source than 7 shares raising a buck...
The same group who pushed GME higher are probably now shorting? Who are they kidding with this save the poor investor crap...
Reddit manipulation is over as the GME scam goes up-in-smoke. Lets hope IPIX rises on merit which are trial results.
Leo created this diluted monster so nothing surprises regarding the stock price. Be happy this closes higher....
Why stop at .40's? How about .50's and a dollar? Doesn't work that way... The rally was weekend buzz and penny players hoping on-board... What will move the stock to .40's plus will be results...
Well, almost back to the 20's...We'll see if .30's hold? Don't see logic in end-of-day profit taking if it's occurring mid-day...
Nobody knows when the virus will die off and how many different strains it can lead to? Also, the vaccines are in the early stages with supply issues and many opting not to take... So the theory is therapeutics are just as needed and more valuable if they can kill the virus not just prevent...
Nobody mentions naked shorts when the stock rises? Gee, why is that? The main problem here has been diluting shares with such a little following for the stock and inept price... Hopefully, the tide turns...
The dilution .30 wall has been destroyed... Lets hope the last finance raise is in-the-clear?
My opinion is the money raised for trial was enough but Leo needed money for 2021 budget... Received an offer and took it... Still doesn't explain why Aspire wasn't used unless he's saving them for phase 3 insurance in case no grant or partner occur... Just my 2 cents...
Hopefully Leo can find alternate financing if P2 passes? Diluting 20 to 30 million would be a killer amount of out shares.
Ok, makes sense still a crippling deal... Still don't understand why Aspire wasn't used? Unless he's saving them for phase 3? That's a potentially large amount...
Why would Leo dilute 65 million shares to raise 3 million? That's a cost basis of a nickel? Are you sure 65 mil is accurate?
Agree, IPIX lenders are dumping the .28 to .29 range at will... Who knows, does Menon have shares left? What if it's been him all along... Dr B revenge? LOL
The 3 million finance raise "my opinion" has to be winding down that would spark more gains...
Focus appears to be gaining for Therapeutics... Notice the money flow into CYDY and SRNE this morning... Moderna/PFE down...
Yes, .30 appears to be the old .20... Twice a few weeks back couldn't break through...
No premarket trading in IPIX, that share amount was market makers...
Naked short selling is legal please read. You may not like it but goes on. https://en.wikipedia.org/wiki/Naked_short_selling
Many I know are not getting the vaccine for many reasons... Wait list still pending, 2 shots not interested, personal doctors don't have the vaccine, waiting for second shots, do not trust the vaccine and some will never get vaccinated... Other unknowns... Can someone get the virus twice and can someone spread the virus if they've been vaccinated or have had the virus?
A dollar is the minimum threshold to maintain a listing. You’ll see companies who fall below a buck get a warning added to their symbol and if they stay below a buck for a certain period get delisted. Why up-listing is kind of tricky if companies barely meet qualifications. To join and then get delisted could cause more damage.
Nasdaq Capital Market was where Leo applied for back in 2015. https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/nasdaq-capital-market/