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Stop losses? Must be many of those since the 4.95 all-time high... Can't hold 30 pennies these days with the best CV19 data the world has yet to recognize.... Maybe in April when the trial completes.... So far, Uncle Sam and potential partners don't seem to share Leo's excitement.
That's even more pathetic the MFO making 100 percent at .26...Eventually had to break downward.... Leo the criminal....
The only blast off is the MFO's wallet.... All those shares from the teens dumped in the mid .20's.... Leo's ready to tap another 2 million.... continued death spiral....
Can't blame Clay Trader for the 20 percent collapse.... Let me guess, Leo's corruptive finance deal.... need to keep those crippling deals coming as raising a buck with 5 shares of stock is not practical....
Back to teens faster than thought..... Now we can all wait for Leo's trial start in Feb.... LOL
Face the facts, unless B gets approved for emergency use there's no money to be made from an approval in Sept after bankrupting the company to pay costs.... Anyone with logic knows IPIX is doomed unless someone steps in to assist… Can't keep raising a dollar for 5 shares of dilution... Uncle Sam is the only one to save Leo's dream...
Leo's 3 months late to the party…. Nobody here has mentioned what the costs will be for phase 2 and 3 plus manufacturing if approved? Add them all up and counter who will need B? People under 60 won't likely need a therapeutic and most of the elderly will be vaccinated by time B is/would be approved.... This investment is worthless unless Uncle Sam flips the costs....
Phase 2 costs 10 million, phase 3 costs 25 to 35 million, manufacturing costs for B if approved 25 to 50 million.... Potential revenue from B if approved in September? LOL There's no money to be made unless Leo gets Govt help.... Nobody will partner if there's no profit with vaccines approved and more on the way...
.24's!!! next stop .23's and so on..... Nothing ever changes for this POS. Dilution will kill any sustained rally...
Leo's been touting therapeutics for 10 months... The vaccines are taking away profit potential if there is any by time B is ever approved...
Will the .20's hold this week? Getting ready to break below .25.... No surprise as awareness for this equity remains the same 200 people...
One would assume most who sign up were/are shareholders.... Does it really matter as they have no impact.... Everyone knows there's a need for therapeutics... Of course, Leo is going to question vaccines as they will put a limit to his revenue potential....
That was fun, now back to the trial start countdown.... The reality has always been the same.... Will phase 2 pass and who pays for phase 3 and manufacturing?
Really, like the last one "where to find" the peer review for the second time? On a Sunday no less.... The stock tanked to .15 shortly thereafter....
Leo's been making a case for Therapeutics going on 10 months and still has no partner or grant money?
What does the inauguration being over have anything to do with IPIX? Or the entire market for that matter? IPIX trades it's own way depending solely on individual investors... Investors is a weak term, more like traders, diluters and shorts playing penny tag...
Rally almost out of gas..... Need a Leo special to sustain the dilutive onslaught...
Dilution keeps holding this back... Shortly there will be another 2 million round then Aspire returns... Never ending with no cash coming in from Govt or partner... Can't wait for Leo's response for phase 3 costs? He'll probably remain silent as he has the past 2 years.
I've used Brilacidin in the search and make sure the proper boxes are checked under status... Recruiting, not recruiting yet and so on....
https://clinicaltrials.gov/ct2/results?term=brilacidin&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=
Why would the White House have anything to do with B's progress? Does Trump get a report each day about the many Therapeutics in trial or about to start? If anyone is to blame it's the CEO and RBL... They needed to get B noticed and both did a poor job. Leo also failed the grant application...
Heck, .27 is going to take another million shares to break. .30 is a long shot unless there's a magical PR before close. Need a bunker buster bomb...
J&J's one shot vaccine is coming soon but has issues with manufacturing... Many are turned off by the current two shot vaccine and many would prefer their own doctor's office or hospital providing the shots. Leo has an opportunity with proper financing for phase 3 and thereafter... Who pays for P3 and manufacturing? Would be nice if the FDA approves B after P2 but 120 subjects most likely not enough... The Right to Try could come into play if B blows the doors off with results...
https://www.nytimes.com/2021/01/13/health/covid-vaccine-johnson-johnson.html
Someone "we can probably guess" is stacking the ask and dumping into bids ASAP... Dilution is a killer... Been the pattern the past 3 hours around .26...
The last finance draw (3 million ) has to be closer to completion? Might explain the rally picking up some steam... 15 to 20 million shares to sell...
Nice plug for B from a vaccine site. https://www.precisionvaccinations.com/vaccines/brilacidin-covid-19-therapeutic
Who is disappointed? The stock can get back to a buck or more and hoping for a sale. Believe B has value and have no idea what K is worth since it’s dead. CV19 gave the company new life but not pleased with zero company outlook except a CV19 trial.
Public company? It’s surely not run like one... No shareholder meetings, no second in command and 2 board of directors who have disappeared since arriving. Leo is the CEO, CFO and Chairman. Jeez, and some wonder why nobody has partnered? Please, after a 4 penny rally this week save the Leo praises.
What does that have to with Trump? The programs setup last February had 2 programs to speed up delivery to market. CTAP and Warp Speed. It’s up to the FDA and drug companies to deliver.
Not true, more fake news. There’s many Therapeutics in clinical trial currently. Sorrento received millions.... The focus should have been a vaccine and another Johnson and Johnson is starting soon.
Latest short interest is 2 million shares less than 1 percent of outstanding which is 367 mil. Those who continue to blame shorts over dilution and a crippling market IPIX trades on are fooling themselves. https://www.otcmarkets.com/stock/IPIX/quote
What I'm surprised about is Aspire not having an exit clause for Leo being able to use another lending source? Don't recall this happening in past years with Aspire? Possible, Aspire agreed for the emergency use but who knows... Leo hasn't brought up financing in many months only find out in filings.
As Bugs Bunny would say, That's All Folks... The 5 penny rally is under "toxic financing" assault with buyers cashed out...
TNX, So Leo screwed his largest lender to take possibly 5 million>
What a nice CEO, burn the shareholders and primary lender...
The Aspire deal was put on hold by IPIX in order to enter into the Dec 9th financing. It's a mystery to me why IPIX needed to do that since the Aspire deal was better for shareholders than the Dec 9th deal. Obviously IPIX needed money fast, but what was going on in early Dec that would have required instant money? Somebody speculated that IPIX needed to prepay for a CRO given their financial condition. But given they didn't get the FDA go-ahead until later in Dec that doesn't make complete sense. Who knows.
FDA drug approval read for 2020 nice trend....
https://www.pharmtech.com/view/fda-ends-2020-with-high-drug-approval-rate
There's 2 million coming up and will be interesting if Leo chooses to exercise? To me, it appears Leo chose the quick 3 million so he has Aspire's buffer for phase 3 and other expenses... However, if you believe Aspire would have been happy to assist with 3 million but didn't work out are they pleased?
So why didn't Leo use Aspire for the 5 million? Someone paused the agreement... Or, did Leo see an option to get a quick 5 mil and took it?
Volume dried up back to normal IPIX trading... Should be interesting the rest of the day if dilution wins out.
cabel, Aspire had a pause of their agreement to "my guess" protect themselves from Leo being able to tap into the full 25 million... The 8 to 10 million he had/has was obviously not enough... Another example of trying to budget a million dollar home on a 50K salary...So Leo had no alternative than a killer 5 million deal...