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georgejjl,
Also down 9.52% since last Friday´s(7/6/18) close of .63, why, do you suspose?
seek the light,
Instead of jumping in last October, the experienced ones waited until this June. Is that what you´re saying?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135246291
tryz,
You just po'd the exec's
at Harpoon Brewery on Northern Avenue:).
KarinCA,
TY. Interesting for sure.
From Dermavants7/12/18 pr(today):
"John Lepore, MD, Senior Vice President, R&D pipeline, GSK, said: “We have taken a strategic decision to divest or partner medicines in our R&D portfolio that are a better fit for other companies allowing us to concentrate our resources on other promising assets. ....."
http://www.dermavant.com/roivant-subsidiary-dermavant-sciences-signs-agreement-with-gsk-to-purchase-rights-to-tapinarof/
Please close your statement, i know not to what you reply.
TY
Prove what I stated is false.
Ive no problem admitting my mistakes(or mis-statments)
LR,
Clearly your concerns do not equal mine.
Did I get the date wrong?
OK. First, I admit that math can be boring and word problems(sec filings) hard to follow.
That said, all I know is that Aspire forked over $2,000,000 and received 5,263,158 shares on 6/28/18. They also recieved 8,000,000 shares in the period of time between ~4/1/18 through 5/8/18. So they aquired 13,263,158 shares between 4/1/18 and 6/28/18.
They must file with the sec if they exceed 5% or more of company shares. I will argue they purchased the max limit of shares on 6/28/18 that they could(5,263,158 sh) because they were still holding shares from the ¨Äpril purchase¨ which was not completley sold off.
Based on the 6/28/18 statement, there are now 176.2M common share outstanding, meaning Aspire can not hold more than 8,792,380 shares w/o filing.
Prefunded warrants could be be a key ingredient to success, if milestones are hit. Those 3 milestones must be hit sooner, not later.
Their lease runs out 9/30/18. They MUST inform shareholders of their plans. Mid July-late July are the limits.
Furthermore,
If I assume Aspire completely sold off those first 8M shares from the spring aquisition, and based upon last weeks purchase of 5,2263,158 shares, if thats all aspire had left, they would have to unload 80,970 share/day to unload them all by 9/30/18(based on business days)
Hear, hear is an old english phrase as far as I know. SS, you tell me. All I know about the phrase ss(Hogans heros) and my learning of German history is that it was particularly used by hitler(The Schutzstaffel), and was not my reference..
Oops,
B-OM annoucments
Hear, hear, where are you Stephen Sonis? What say you about ipix recent prurisol announcements?
proBIO,
¨It’s great to see so many new IPIX investors on this board.¨
Are you serious?
This sight is becoming a ghost town.
Think ipix renews their lease, which expires on 9/30/18?((never mind the other named 9/30/18 milestones in the 6/28/18 documents(deadlines)). Have you spoken to them about their plans?
Hah? Do you understand the market?(rhetorical question, you just proved my hunch)
https://www.investing.com/analysis/the-fallacy-of-more-buyers-than-sellers-200272379
¨ Are you now saying Sullivan’s DD into ipix multiple years ago means that he is responsible for future bad acts?¨
THINK
¨Or are you saying Sullivan’s DD into ipix should replace an actual owner of ipix stock DD?¨
THINK
¨And why on earth do you have Sullivans number in your back pocket?¨
THINK
¨You keep saying this. So you must think there’s a chance Sullivan knew Leo/ipix were fraudsters but defended anyway?¨
Not at all, my inference is that Sullivan did his homework and agreed to take the case.
If Leo screwed with him, WATCH OUT.
Clear enough, Mary?
Sullivan represents himself, and the firm. Misrepresentation by him(or them), would kill their business.
My quote was¨LE, and Sullivan, will have alot of explaining to do if you are correct.
Sullivans reputation will be put on the line if he knowingly represented a fraudster. As a former AG(Attorney General), I´m quite sure his firm did their DD(due diligence) before agreeing to take on the case. Same for Hogan Lovells. Google them.¨
Your reply was¨
¨You really believe Sullivan’s rep is on the line here? You keep saying “knowingly” repped a fraud. What do you think Ashcroft and the boys knew?¨
Yes, his reputation is on the line. Thats how good lawyers(and how most people, regardless of one´s lot in life, operate((Fight your own battles)).
What do you not understand regarding the post?
Pretty simple post.
LE, and Sullivan, will have alot of explaining to do if you are correct.
Sullivans reputation will be put on the line if he knowingly represented a fraudster. As a former AG(Attorney General), I´m quite sure his firm did their DD(due diligence) before agreeing to take on the case. Same for Hogan Lovells. Google them.
LR,
You wonder,based upon my question, which is(was):¨Is Aspire now going to provide, legally, further funding of recently acquired shares, via the past arrangements?"
I believe(hope) they (ASPIRE) will hold their shares and, based upon the terms presented by the terms of the filing, will not legally exceed 5% ownership.
I will not discard Sullivan´s phone number, should that make you sleep better.
It´s late, good night.
LR,
Who knows, other than the company officers(LE & KM) who formulated the agreement(s)?
Should an investor(or potential investor) take comfort in this from the 6/29/18 supplemental(amended(my addition)) prospectus:
¨Up to $5,000,000 of additional shares of common stock or pre-funded warrants in lieu of common stock, as follows:
$1,000,000 of additional securities, provided that on or before September 30, 2018, the Company announces that the U.S. Food and Drug Administration (“FDA”) has granted the Company’s request for breakthrough therapy designation for the Company’s Brilacidin compound in the indication of Oral Mucositis;
$2,000,000 of additional securities, provided that on or before September 30, 2018, the Company announces that its Phase 2b trial of Prurisol on psoriasis has met its primary end point, as further described herein; and
$2,000,000 of additional securities, provided that on or before September 30, 2018, the Company announces that it has entered into a licensing arrangement with a pharmaceutical company for any of the Company’s clinical assets that will include an initial payment to the Company of an amount in at least the double-digits millions of dollars.¨
Pre-Funded Warrants. If your subscription for Units in the Rights Offering may result in the your beneficial ownership of more than 4.99% of our outstanding common stock following the consummation of the Rights Offering, and you do not wish to exceed that ownership threshold, you may elect to receive a Pre-Funded Warrant to purchase one share of common stock in lieu of any share of common stock underlying the Units for which you have subscribed in excess of such threshold. Each Pre-Funded Warrant will have an exercise price of $0.0l, and the subscription price per Unit for any such electing investors will be reduced to $ (which equals the Subscription Price for the other Units sold in the Rights Offering, less the $0.01 exercise price for each Pre-Funded Warrant). You may make an election to receive Pre-Funded Warrants in lieu of common stock, to the extent that your beneficial ownership would otherwise be above the ownership threshold. If you intend to do so, in addition to making your election on your Subscription Rights Statement, we ask that you contact the dealer-manager for the Rights Offering as follows:
https://www.lawinsider.com/clause/pre-funded-warrants
Is Aspire now going to provide, legally, further funding of recently aquired shares, via the past arrangements?
I reckon it all boils down to:
Floelygazouc(derivation, please:),
Thx for the response. I can´t interpret your message as I can´t ¨close¨ it, it appears to me , an INCOMPLETE THOUGHT.
Thx
DuabersUP,
You state:¨Prurisol phase 2b data is now on the clock. We should see topline in the next 1-4 weeks. That alone may change everything. Imagine a 40-50% PASI 75. Imagine even a 25% pasi 75
I’m leaning towards +40% which IMO would lead to a 2 billion a year drug in the upcoming years¨
I? leaning towards +40%, based upon past company pronoucements(announcements) touted by them(ipix).
Dr. Jeckyl or Mr. Hyde? Wizard of Oz or A Wonderful Life(Jimmy Stewart)?
If either of the former, I´ll be the first one knocking at Michael Sullivan´s Post Office Square door.
Sullivan´s decision to represent ctix( now ipix), is the primary reason I´ve stayed invested.
My guess, theyre prohibited by the Aspire arrangment(don´t know). How can one ethically cut a deal with a benefactor(Aspire), who provides one operating/functioning proceeds, and then turn around and use the money they(Aspire) gave YOU(thats how ,in part, mgmt is paid) to buy stock at low prices(LE et. al know too much to risk it- is my guess, but like shultzy, I know nothing).
sox040713,
You note:¨Dr. Soon-Shiong is also a heavy investor in publicly traded biotech stocks, he said.¨
Is he invested in us(IPIX)?
Hopefully a proposal is accepted soon. The waters are rising($ is being depleted).
Agree with you. Happy 4th to you and all!
Food, Family, Fourth of july, and Fireworks. The four best F words ever!
source: http://www.jokes4us.com/holidayjokes/independencedayjokes.html
TIAB,
You(and me) curently live in one of the most expensive localities in the country.
You state:¨My major worry would be retiring early if it succeeds because I enjoy work and do not have that many hobbies¨
If you enjoy your work, and this (ipix) investment bears fruit, don´t worry, be happy(ier) and KEEP WORKING. Perhaps reduce your work time, find a hobby? Might I suggest Boston Harbor Sailing Club(if you like the water). Instruction is out of Rowes Wharf via a fleet small sail boats, and great classroom instuctionKnot tying, navigating the ¨cans¨, etc. Tick and tack about the massive Massport and industry cargo tanks. Can get a Captains license if one pursues and passes each course.
Go to Orange, MA and learn to sky dive, Amherst and learn to fly a balloon, be a reenactor at the Battle of Lexington and Concord, swim with the great whites along Cape Cods National Sea Shore.
Do what you love, but also be curious, and pursue those things that peak your curiousity.
Boston is known as the HUB of the universe. Take advantage, and enjoy your time there.
GL
To quote a poular poster, ¨crickets¨.
Wow!
You are(excited, I guess).
¨Don't say nay, say hey, I want in, go IPIX go go go! To infinity and beyond!!¨
Say hey, hey, hey, its old Fat Albert!
How is it ALL BS(your own words) when the poster appears to offer varying outcomes depending on how things unfold?
Please quote each(all) of the posters queries and provide your proof,and justification, why each is BS. Your post indicates a further response by you is at the ready(ready to go, if asked).
TY
Almost only counts in horse shoes, hand grenades, and atom bombs.
So, you are unwilling to justify your own statements encouraging others to invest into to a company you promote?
What say you, Billyboy?
¨I expect we meet primary endpoints.¨
Based upon what?
Please, simply and justify your statement by referencing your implied expectations.
THX
I tend to read and consider most responses, yours, and others.
No one is correct 100% of the time(that I know(other than George, in his own mind):).
GL
SS,
Generally I don´t agree with you, but neither have I analysed your analysis. Must say, the layout and arguments are well presented at first glance, and worth reviewing.
THX
TIAB,
Fair enough. Though, I must say, Bean Town has upgraded quite a bit in the past 30 years, and I know we could find a place that caters to many differing dietary preferences. Won´t push it.
BTW, we love NC. Have vacationed there many times-O.B to Ashville, and places in between. Our neighbors daughter recently graduated from High Point University, and loved it there.
TIAB,
Not sure if you´re a native Bostonian, or fairly recent arrival.
What say you, if LE pulls it off, we meet him in Boston at one of it´s finer dining establishments.
Not talking about Buzzy´s Roast Beef, which was located on the perimeter wall of the old Charles St Jail(https://www.universalhub.com/2010/hey-lets-go-down-buzzys-some-sandwiches-and-throw), and the last reckonage of hungry folk if the sausage carts had rolled away for the night from the Fanuel Hall /Gov´t Center area.
A little history lesson. The old jail is now owned by Massachusetts General Hospital(never knew that). Is that where you work by chance(serious question)?
noretreat,
I´ve no clue in regard to that. You´d have to ask them(and I doubt they would tell- and if/when, then only through an sec filing.
I was hoping for P2b results by end of this month. Clear that won´t happen(likely). But will give them credit for securing add´l $ and providing some scheduling guidance to shareholders with pre-planned monetary agreements.
p.s- If I were LE, I´d cut my salary by $1k-$2k/week and hire a polished secretary/office manager.