Got a lot more downside/pain to come its a freaky inflated mess imo. Maza can not do nothing but wait until Shire, Pfizer or some other pharma makes a move.

Now that said TauC3 could turn this dead dog around but I agree with others the first chance they get they will dilute this pig.

This is one of the worst investments I've every made. I'm talking companies that went bankrupt I was invested in I lost no more.

The restructure and the crazy high 250 to 1 R/S added no value and caused more damage imo and done no good except change total control and line others up for a possible payoff.

No one will touch this no matter what happens. The only hope is Shire pays a milestone this summer if they don't pull a Pfizer or God just sell this mother for whatever.

I was just talking about this and something else this past Thursday night along with other issues.

Heck Pfizer may very well push the next phase faster then Shire is going but it will be close.

I was told from someone before the restructure was inked the early summer of 2014 that the company was going to be broke up and sold off like a car being sold for parts.

Wonder if Elliot has any advanced talks with Pfizer regarding a sale of Ponezumab cause it is sure covered under the license agreement imho.

Then sell SHP-622 to Shire and take the high bidder regarding TauC3 seems like a good finish plus the milestone coming later this summer from Shire.

Maybe that will get us back past a dime lol cause this pps don't make any sense cause that file folder has some very important agreements.

It do seem positive news has a negative effect on the pps. Well look at this way they still got what a little over 1.9 billion to serve up lol.

Why that was not reduced is beyond me after the restructure and the final of the r/s and checks and balances were not put in place with more board members.

I guess they want to do it as business as usual using the same backdrop of people outside the company but they are still considered the enter circle. That being said imo is not a positive thing.

Sadly it is.

It all depends on Elliot now and how he deals. No doubt he is qualified to handle the task at hand its just a matter of what he can get or how long to show proof regarding TauC3 to the conditions that were set by Shire.

I would think they release the results by end of month or by next.I was told in July it would be end of Jan 2016 at least.

IMO I think this deal Shire made delayed most everything in like phase I,II cause no way were they spending a lot until they knew what cash it would take to close said deal or that's my thoughts.

I also agree with you that they know the results and are in motion for the next phase. It sure been along time sense all ILNS shareholders got some serious happy news.

Even a broken clock is right twice a day. Still would like to see some serious oversight put in place and more on the BOD. Most likely want happen but it would be a smart move being a public company.

IMHO Shire will pay a milestone payment in late Q2 or early Q3. If you got a compound, drug that's works you don't let it pass.

They know it improves patients lives and its going to be the first drug approved for ILNS thank god.

Now what pain do we have to go through until the issue at hand is on the market!

What part remains to be seen cause they have been eating the candy and the bag is close to empty.

When you can wipeout all common holders multi times and take total control of a public company with little money sounds like these people know how too.

You figure out who the current majority holders are which I know all from research and then do the math and see who got the short end of the stick the summer of 2014 and then early 2015 R/S and again when more finance came in not to mention the effective it had on the insiders old preferred.

Elliot is a seasoned pro by far and if anyone can make anything out of nothing he most likely can. He sure taught a class to his students (insiders,common holders) and they took it hook line sinker.

When someone talks so fast its had to keep up beware. That being said show me a copy of the milestone payment from Shire and that the check cleared and then we really talk about something positive which is about dam time!

I know you asking someone else but to me it sucks. The fully diluted got to be around 70 million even if the o/s is say 5.5 to 7 million.

The share price when I look at it I just shake my head cause this sucks. .25 to .30 cents seems a fair price today not less then a dime but that's what happens when you have a complete change in control as occurred and they issue them F and other preferred shares plus they reduced it from .25 to .10 which was 1.5x better for them holders.

This was like taking candy for a baby (Old vs New controllers) and these guys are good at this game better then I care to admit.

Like the article posted regarding TauC3 maybe we here something soon regarding SHP-622 its got to be getting close.

Here is a thought I've been thinking for months. Until Shire buys or walks on this deal its going to delay most everything 60 to 90 days imo.

http://www.ft.com/cms/s/0/4dacf732-b481-11e5-b147-e5e5bba42e51.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev#axzz3wVg5OzVn

Might be wrong but the VPHM deal cost us about 90 days in delays maybe more.

We might be in for a late summer more likely fall.

You might be right but I hope I'm. First when they receive that milestone payment boy that's going to be something that needs oversight a lot of it imo.

You know its my understanding the former CEO spent many thousands of dollars just to remodel his rented office long ago which to me is nuts cause first he should have been in a lab not a office and being a penny company the majority of funds should go to research if possible.

This company needs serious oversights and controls and more members on the Board a lot more and that's just not me saying it. Read what the current Chairman/CEO states in SEC filings regarding the matter. I think he is saying we have a deficiency in security,control and oversight I might be wrong but I think that's his opinion.

I would think by end of summer they have some understanding where they stand on TauC3 rare diseases. Elliot is not playing for sure he wants to ink a deal if it outweighs his current package multi times. All we can do is wait and if you believe in prayer then pray!

Happy they would have to be insane if they are. I doubt he cares about there concerns cause he has a contract that locked him in as God for 3 years or that the way I see and read it.

No oversight and full power to do as he decides. I've to laugh when I read the BOD decided blah blah blah. Its him as chairman/CEO and if Ionn is still there its way in the background imo.

As far a dealing yes he is more then qualified however one can not drag parties to the table even if they would if allowed.

We kind of in a catch 22. Nothing can happen until other parties decide the course of this companies future that has nothing to do with said company (Shire,TauC3).Just the way I see it.

Hopefully the dilution stops soon cause if not its over before the end of 2016 no matter what good news appears imho. Like the article/link it sure seems that's the way to much faster approval.

If we don't see a change in direction within 90 to 180 days we going to have to make other changes regarding the ones operating the company.

Never ever thought I would see a nickel what a crock of horse chit!

At this rate you most likely right. I think Shire pays a milestone but the ones in control can use this to continue the life of riley for 3 years not to shabby.

We need serious changes in the area of checks and balances before said payment is made if not we going to get it again!

Same to you and all others cause 2015 sucked with our pps dilution. All we need is one of two events to occur soon and things most likely change on a dime.

If the inside controlling group don't pull together going into 2016 it may not be any better even with positive news. Hopefully they all get in line and things change for the better.

Can't rate the CEO at this point cause it's still to early but give us 90 to 180 more days and I will give a opinion regarding what he's done to date. Rome was not built in a day but we need checks and balances with a full BOD (5) members. Wall street might get back under this if the right moves occur maybe not but I think internal controls is a must when you look at the past its a must here.

No help whatsoever however it would be better to operate as a real company with a IR firm and a true BOD cause you going to get a major milestone payment imho mid summer from Shire and then what checks and balances are truly in place.

There are none I'm aware of. The CEO has what a 3 year contract with almost 1 year elapsed so he is free for 2 years with no real oversight to me.

Look at the players and other deals some have been apart of then you see the track sure is not for the common holder. Better to be prepared then not have a true plan of action.

I guess we can say it don't matter and stick our heads in the sand when in fact it's very important.

I would not worry about 30 days cause this train wreck will go and go and go unless they get a serious handle regarding the BOD. They smart they have 5 or try to pull the wool on 1 which is not worth screwing with.

You going to get a milestone imo Q2 no later then early Q3 due to the success of SHP-622. Then you be getting TauC3 results who knows even if it's already fixed.

Then we have to wait to see if GOD sells or draws a paycheck!

You don't get it he is after anything he can pull in. It can be a 100k investment cash into the company,5 million milestone payment or any deal and yes I agree the focus is on rare diseases due to the terms that were dealt during the talks that occurred.

The fact is we got to wait again for TauC3 to be proven again if not there is no possible deal regarding Shire imo. I got a target of Q2 for a milestone achievement but with no really true BOD say (5) with no checks and balances then one could do as they want for years earning the big bucks,perks ect. and dilution could continue the whole time.

It sure don't seem the major stakeholders are worried about the pps.

Everyone but a hand few got took unless they had a contract after the restructure and before the R/S occurred.

Just think about the old inside group what do you think they think about what's occurred now after the restructure and r/s and its below a dime with all that dilution in less then a year.

Rinse/repeat

You nailed it. I thought with the restructure and complete wipeout of common holders the new ones which took control would support the company which to me has not occurred and want.

It appears the inside is still waging a battle fighting for more scraps % of the whole imo. I've thought about your statement for many years and I don't know what can change the wall street image. A Name change would be a waste of time.

If they were serious they would have elected at least 5 board members anything less is just a fix and I mean not the problem the image but like a gambling fix.

I agree the wording does point to that however its scary when you hear any penny stock company talking a BO. Just look what happened after they hired what was it Evil corp.

Restructure and complete shareholder wipeout with tons of dilution cause we got to be at about 74 million fully diluted now imo.

To your last statement I have to laugh not even close imo.

You see some changes in the coming months for the better imo. Don't forget Elliot is in the drivers seat calling everything cause when I hear or see wording that states the BOD decided I lol cause who is the BOD. The chairman Elliot and is Ionn even on the board anymore.

Other words everything Elliot wants or says is law it's rubber stamped done end of subject. That why they need 3 to 5 on the BOD and several that have large stakes into the company so as to defend all shareholders interest.

If it goes as expect and I was told it should be published in Jan 2016 it could be 30 to 60 more days. IMHO the F/A trial exceeds all end points and the only side affect was upset stomach for the info I've gotten.

That should push Shire to file orphan drug status in a swiftly manner most like early Q2 at latest which then gives Elliot more ammo to deal.

I would think Q2 they get what is needed regarding TauC3 and then everything changes. Want be a over night process but it sure looks like this is the holds cards ILNS has been dealt.

The real question can the CEO work a deal or will he just kick back after Shire pays a milestone payment IMO which most likely be Q2 and have a paycheck for 3 or 4 years.

My gut says he is serious and wants to unload the whole company and move to future endeavors however having a paycheck for multi years, perks ect might make one not to deal unless its really way above the true value of the company.

Time will tell but so far the restructured failed. The o/s has went up and the fully diluted is at least twice what it should be if not more imo and the pps is in the toilet.

Hopefully it changes cause a lot of people lost a lot on this over the past years.

Not the exact count. We know as of Nov. 11,2015 it was 5,567,037 which my thinking its between 6 to 7 million now maybe less could be more.

Again if I was a accredited investor I would be talking direct to the companies Chairman/CEO because you going to get more bang for the buck and it also funds the company not ones that have continued to dilute all shareholders imho.

Who knows what the terms one can get until they try cause we know there are plenty of shares to buy in the open market cause certain players want allow it to move upwards imo they are greedy.

I know exactly what he got I mean exactly however since the restructure is another question. I don't see what he got is a issue since he worked for free and kept it alive instead of bankruptcy working 7 days a week. I would want all I could get also.

As far as the shareholder who knows yet. Still got several factors pending like the F/A news and TauC3.

I just wonder what the meeting between Chain and a insider was about in the past months. I got unlimited info regarding all players and statements like pool dancer etc ect ect and if I was in Fl I would be seriously careful cause no one is above the law even if they think they are.

At least the CEO has been working out in the best health of his life and 25 lb lighter or that's what I was told lol!

Yeah I here you. Total failure regarding the restructure so far imo. Hopefully the ones that gained control with start to support this piss poor pps.

Most likely they got enough funding now to last until Q2 which by then its going to be very positive or we all going to be swinging our feet off the sidewalk with a tin cup in hand.

Either I've been lied to several times or what I've found out is being kept a secret until its announced. Even if the fully diluted is 74 million now its still worth a lot more then this ugly market cap.

The real question can the CEO pull a deal off before time runs out cause all this Biotech spending will halt imo in the next 12 months cause again imo this market is going to fall hard and I mean hard sooner then later. Its going to be worse then late 2007,2008.

Yeah I here you. Got wind of the pr issued by Shire that's why I posted and just maybe we get a update regarding the trial and its results soon which imo is a grand slam.

One thing I would say to the CEO sometimes its better to open the ears and close the mouth. Being brutal in business is great but again one must know when to just sit back and let the other party do the talking.

We closing in on the end of year and as a shareholder we not looking good as far as the pps and o/s but I've not gave the final vote regarding Elliot yet but by the end of Q1 if things don't change then changes may be needed.

This is not about friendship this is about the all mighty dollar!

I was only joking about canceling my shares no way I allow any to get lose when I ever get the ones that vanished.

No I was talking about the Baxalta deal Shire is trying to pull off. Sure they can buy ILNS with pocket change any day of the week but I understand the change in direction to rare diseases (TauC3) was apart of what it would take with proof to seal the deal or that's my understanding.

They sure had serious discussions many months back hopefully they had other meet and greets.

I'm interested in the results more than them announcing they are going fwd

Me to but again IMO and the research says they exceed the end points. The question I ask can it be fast tracked being a rare disease already getting breaks to early market imo. This kind of stuff is all new to me but learned a lot in the last 12 to 18 months. Hell I still can't figure out how to read other trials as they update changes ect.

Get ready men women its clear Shire will announce SHP-622 will be going forward by the end of Jan not later then Feb possible March due to the buyout they working on imho or that's what my finding have discovered imho. If not I agree to cancel my shares.

Elliot chew on that. Goodbye and good look to all talk later! I'm not drunk either I've been working the back channels!

I forgot when it comes to legal issues its every person for themselves its dog eat dog.

I wish all a Happy Thanksgiving, Christmas and Happy New Year. Hopefully we get news that is positive soon so all the piss poor holders recover!

All yall take care and may God bless everyone. Goodbye guys take care its been fun.

No LOL but I was notified today I'm going to be sued due to the financial position this has put me in so I say Happy Thanksgiving holly chit.

I do have a solid legal team working it and I'm going to get every peso penny, nickel, dime, quarter, dollar and damages I was entitled to and I mean every cent. Its complicated and I really can not say anymore ever.

One said the 8 plus billion dollar plus firm I hired was terrible and they were right. Not only that I lost friends due to this which makes me sad.

It don't matter cause I believe in SHP-622 and TauC3 let the chips fall where they may cause in time justice will prevail.

Again a lot has changed regarding my financial position and if I had the capital to risk and meet the requirement I would be making bets and I would be speaking direct to the CEO.

Everyday it's getting better imo cause the more days that pass is one day closer to SHP-622 going forward imo and I got a good feeling TauC3 will be proven for rare diseases a condition placed by a certain party to ink a deal imo and my understanding.

As I texted the CEO the night before last wishing him and his family a Happy Thanksgivings I wish all the same.

When I get pissed off I say the first thing that comes to my mind which is my short coming but I sure can due solid research imo.

Q1 maybe sooner no later then Q2 imo it all changes.

I have high hopes and imo in a short time things will come together. If it was me and I qualified as a accredited investor I would be calling the CEO to see about buying direct. Who knows what one could get as a bonus.

Heck one might be able to acquire some insider shares,notes at a discount cause imo due to lack of volume maybe one or several might be willing to sell some. Don't know if its possible but imo it could not hurt to try.

http://www.investopedia.com/terms/a/accreditedinvestor.asp

I don't know your financial position but from what you stated it seems you meet the requirements. I'm all in and just waiting for what I bet occurs.

Wait just a minute. I've been confident from the 1st day of July this past summer regarding SHP-622 when I received info that was way into the gray area maybe even into the red. As far as TauC3 that's still ongoing as far as I know.

Why would I say buy shares when I'm all in and took a major write off to me in Jan 2015. I feel the pain of many long term holders common and insiders going back for say 3 to 5 years I'm in that same boat.

If one is here they are gamblers cause imo in the Biotech world that's what it is regarding small companies which ILNS is.

If one has plenty and has high risk funds then one has a very good chance to make money if one or both occur a lot of money. Meaning advancement of SHP-622 and proof that TauC3 is disease modifying for rare diseases by summer it will be a double whammy and imo I'm so looking forward for both to occur.

If and when it occurs Elliot's going to deal and Shire is the most likely player but don't think one that is in total control is placing everything on one top tier company again imo there are others pharma companies out there seeking deals.

Been drinking a lot but its not doom time. You get SHP-622 going forward in Q1 or before which imo will occur and by my fined tune research has discovered and TauC3 research stating its disease modifying for rare diseases and Elliot the God hits a grand slam.

I know it he knows it and I've not spoke to the man in months. It will be undisputed and the odds are in the companies favor. My only concern is the insiders don't raise the fully diluted by 30% before summer.

I say hey owners give us time and its going to happen. Just allow it to happen and suspend any payment interest and pay for 60 to 180 days. As bad as we all got screwed give all of us that window.

I know what I'm talking about and my research is rock solid imho.

I stepped on that land mine in the spring of 2012 just before the Blech fiasco came out and Pfizer pulled the plug on the A/D trial and then screwed the company on the missed milestone payment all back to back to back which then lead to the ligation that ended with very little which Shapiro would have got many times the settlement if he had got the go ahead imo.

I still say we here from Shire between now and Q1. There is no safety concerns regarding SHP-622 I'm aware of other then upset stomach or that's what I was told. If the ones in control don't know then all we can do is pray.

I'm more interested in the progress of TauC3 Rare disease. If Elliot gets a go ahead regarding SHP-622 and proof TauC3 is disease modifying regarding rare diseases its going to get very interesting imo.

Q1 to Q2 is the plan imo. If both occur Elliot will deal. Hopefully we want see the fully dilute increase above 100 million before summer.

What's not true over a few days to say 10 days it traded millions of shares. Your 5 days has it what about 1.6 million. Look at the volume today or in the past months and figure out how long it would have taken for the same volume not to mention they received many times the current pps.

Even if it failed they got rid of shares much higher then they could have without the pump. .30 cents,.20 or .10 is much higher then today its .08.

Maybe you are using a different kind of math then I use cause I would rather sell shares at a .25 then .08 cents or less.

LOL on what you said. Pretty funny cause to me a lot of it is just copy and paste. I also think the song will change just as soon as they announce its going forward and its coming soon imho.

Being serious there should be 3 to 5 board members. Sure would look better to the business world. You are a better man then me cause I would not work a minute for free.

I never spent time to find out whom it was but I know for a fact the CEO was not a happy camper and he was the one that got them to agree to stop. That's one time for sure he acted in the best interest of all. Not going to kick him for doing what's right for everyone and the company imho.

I don't see how they lost cause I heard they paid 12 to 17k for the promo and it traded millions of shares over a 2 or 3 days so they done better then one might think or we are doing and I don't feel sorry for anyone anymore.

What we need is Shire to announce they are going forward with SHP-622 and it will change everything like stopping on a dime at lighting speed.

Don't know the exact number but remember if they convert the old preferred they taking a wood shed beating. Not the new ones G,H,F but the ones prior to the restructure.

To me they in serious trouble short term in a financial mess like we all are in regarding this pos imo.

Not really a lot o/s from the last filings.The registrant had 5,567,037 shares of Common Stock, par value $.001 par value per share, outstanding as of November 11, 2015.

Who really cares about the fully diluted as of today until a deal occurs and then the prize is chopped up. Then a all out fight will occur and they have and are jockeying for position imo this is what its all about.

Best thing we can here short term is from Shire that they are going forward with SHP-622. Then comes the TauC3 deal imo summer.

I'm just waiting for what I already know is going to occur imo from a lot of research. I'm talking miles and miles of it and Elliot knows exactly what the plan is.

He is in the drivers seat and again imo he's going to make 10 to 12 million if not more along with others. I just want a few crumbs.

When it comes to money I get pissed and I don't care who it pisses off!

I will try to help you and give my opinion of what I think is occurring. First no way is the CEO selling a single share imo. He knows the possible outcome of the future and he gets a paycheck to pay his bills. He is no fool for sure and can skin anything better then a trained expert he's freaking brutal in business.

Think about all the parties the insiders. Who is desperate or in a position trying to survive daily. It sure is not one in Fl.

Go back to the restructure who got the short end of the stick? Not just the common holder some insiders took the wrong train ride or was helped to the station imo then the R/S then the new finance after one took control which keep some on that wrong train ride. LOL they may still be on that train.

Might not understand me but it takes along time to understand whom is whom and who is together regarding this circle and the entire group. It took me years. The restructure was to destroy the weak and for certain parties to achieve and get control forever.

I think that about says it.

Not yet you are correct. You get the CEO to tell you what went down with the meeting and greats with Shire which changed the whole direction of the company (Rare Diseases) then you are in liquidity.

Doubt he say anything but if one don't think a understanding occurred for a deal then its a foolish understanding or that's my opinion but time is killing us. If summer don't get here really soon we going to up the fully diluted by 30%.

By the way I would love to be on that board of directors cause if I was it would be one hell of a difference.64 million and counting is a joke by far after what we been through and its going up in 90 plus days cause it appears all the money will be gone by then. What 197,000 left as of 9/30/15.Most likely 125 to 140 left today.

I say raise the A/S to 50 billion and print this like the U.S. Treasury LOL not really laughing!