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Why 'Soon'... Is just around the corner ! HA !
Partnership in 2Q, Or in 2018 ? Or is it BK in in 4Q ?
What a Life-Style for Insiders Co. and a nightmare for investors.
Sure looks to me that IPIX is heading that way.
These type of Penny Sleds (from my experience) are good for One Big Pump, unless they actually perform.
After the decline from the $4's, my confidence level was high that it was never going to atain that level again, unless they actually performed a deal. So, I locked in a profit. A big profit.
If I had waited, and believed the Corporate BS spin, today I would be, years later, in the RED.
I don't believe ANY of these Penny Lifestyle CEO's. They need to 'show me'. But that's just me.
Believing, and trusting what they say, have in the past, cost me large. I learned from experience.
Leo has never delivered for his shareholders, in any company where he held a Senior Position.
His promises of being Transparent with his shareholders, has (to me) proven to be the opposite.
If you can't see that share value is being diluted to the nub, with the last 8M shares sold to Aspire outside of the earlier stated contract, at .25 cents ( at 40% reduction to SP) is not a desperate action, then I don't know what to say, Except the worst type of delusion, is self delusion.
That said, I know one desires to 'believe'. But in what, oh The Science ? What science ? There's no Phase 3. IPIX, doesn't have any 'drugs', only formulations. They don't have the funds to go further themselves, and to date, nobody seems to want to partner with them on anything.
If Leo was working on a partnership, they would have done it long before needing to sell 8M shares for $2M @ .25. And to date not explaining that to the shareholders, is not the behavior I want to see in a CEO where I have invested.
Kevetrin, is dead. 'B' is 'On Hold', and we can't seem to get Leo to say anything about 'P', except that's it's still 'Blinded'.
Now it's Six Months and it's still 'Blinded' ? So Leo says, which isn't much these days since he's 'gone turtle'.
I wish IPIX wasn't the disaster is has turned out to be. They had a shot in the beginning, but only if Leo played it straight.
I hope you, and everyone else gets your investment back with this sled. I really do. Lots of good people put their hard earned money into this company. I'm afraid they will lose it all if they ride it all the way down.
JMO-
With Best Wishes,
-bunny
tass, If you have read my past posts you would find that my Trend Predictions have been proven over time to be Spot-On.
I did make one error. That was; that I thought Der Leo would support the PPS once it would hit .62.
Correction on your post. I used to own a boat-load of this stock, but sold it near $3.00.
Never said I would 'never buy it again'.
Yes, From $4.95 to .46 cents and falling, and now with No Volume, with No CEO explanation for this disaster to the shareholders, that's a SLED, with a loser at the helm.
Keep LoL'ng as the RED increases daily.
Der Leo, doing such a great job, perhaps he will mandate a salary raise for himself !
Most realistic and detailed Post of the Day regarding Leo's 'behavior patterns'. - Congrats to JTORENCE.
IP-SLED is heading back into the .30's on no volume. Der Leo exhausted the few buyers, and they appear done buying, sitting, hoping the CEO/ CPA can connect with a Partnership, before this sled goes belly-up. Does not look good for survival with all the dilution required to stay afloat.
'They' called $1.00 a No-Brainer Floor. Then it it .62.
'They' are wrong all the time. So sad to make constantly wrong calls.
Same results will be attained By IP-SLED, as was attained by STAT-SLED, and NANO-SLED.
Same Godfathers, who branched out, giving investors the same previous Horrendous results, while they lived large while sucking the life-blood from their host.
How will Aspire be able to sell the latest 8 million shares draw into this tiny daily sales, without drastically effecting share value ?
Two Years ago ($1.60 PS), if one was told two years later the SP would be at .50 cents and no Partnership, that would have been called by many 'absurdity'.
Oh, yes, and 2017 was supposed to be the year of The Partnership.
Der Leo doesn't need the stockholders anymore, and doesn't care about explaining anything to them.
So much for The Most Transparent CEO in Bio-Tech. The joke is on the shareholders.
When Leo needed you, he was Chatty Kathy.
When he doesn't need you, he gives you deft ears for your legitimate concerns.
And some thought Leo was their 'bud', and are still waiting for him to get back to them. - HA!
Yep, It's hard to admit that you been played. However, that's the Real World of Penny Sleds.
That's Leo's style. Nothing new to us who have studied this personality.
IPIX is not run like a normal company. Leo had to take his 'Last Draw' from Aspire, because if he released P2b prior to that, he wouldn't have gotten .25 cents.
Wonder how the 3 PIPE amigos feel about the latest deal ? Guess who got the PIPE ?
Some are still waiting for 'The Word' about the unusual financing outside of the contract terms.
Hope they are not holding their breath.
Anything 'bad' gets The Memory Hole treatment.
IPIX friendly MM. They need to pump up the SP so Aspire has some 'meat' to strip off the bone to continue to sell.
Nothing new under the sun.
What nobody told anyone here how this financing really works in the real matrix ?
The veterans know.
JMO-
However, Leo was adamant not doing a Reverse Split. Now, that was some time ago, and he probably thought the share price would never slide down this low again.
Could IPIX survive without doing a RS from this far down in the hole, with Aspire still selling ?
Or will Leo have to eat Humble Pie and go back on his word and do the split ?
-bunny
Leo does his usual thing - burns the shareholders. Doesn't do the sales when the SP of $3.00 but sells to Aspire at .25 cents ! Shares that Aspire will sell into.
You don't make that type of rotten deal if your in the process of inking The Partnership. You make it because you know if you don't The Jig is Up. Not wanting to tell everyone that your actually in Dire Straights.
Perhaps due to rapidly declining share value, .25 cents PS is all Aspire would go, as they will be selling it into the float, with others who want to unload it won't take long to get to .25 PS.
I see it as Leo's 'Last Draw'.
Should be obvious to many that IPIX is in serious trouble. Leo lost control of his sled.
Say it aint so ! Der Leo making Beef Jerky out of his longs.
Well ..... nothing to say but 'The fish went for it'.
Welcome to the Leo Fish Fry.
Anyone leaving 'Stink Bids' @ .31 or .29 ?
Leo has been very dependable delivering numerous Stink Bid hits from $1. downward.
Get in on the cheap with 'Air Shares' with the next Regeneron - right before the KA-BOOM !
Banging the table ! Hold out for the $51.53 Buyout - minimum !
Mansions,.... Ferarri's, .... Yachts.....
Once 'P' data is released you will have to sell at 'Market Order' to try to get some change back from this - uh ... investment.
But HEY ! The Partnership is ....just around the corner. .... . . . . . .
Down 3% again ! Quick Leo, give them a .26 cent PIPE..... sprinkle it with a you can't talk about what's....just around the corner- but.... the fish will go for it !
Der Leo will do what he has always done to those that believed in him, turned them into a new class of Hobo's. While he swims away whole and fatter than he arrived, and will return later, with a new sled and with new Menon Beatle Juice that 'cured the bull'.
100K buyer only means means that insiders can sell more. The sellers been over-powering ALL buyers last two years.
Hence the term: 'You Buy, They Sell'.
You can't get further funding with .25 PS. And a PIPE ? Look what happened to the Three PIPE Amigo's who thought they were getting a deal. They lost 50% before you can say 'Jumping Jack Flash'.
Nobody of sound mind will want to get hooked by another IPIX PIPE.
And Der Leo said on numerous occasions he would NOT Reverse Split. However, that doesn't mean 'jack' because it came from Leo himself.
At .35 PS, there is nothing but RS that can stop the .25 Drop Dead Funding of Aspire.
The facts are simple: Leo has bled the shareholders dry, but he and crew are still fine and whole. Amazing how that happens !
but Der Leo was adamant about NO Reverse Split. So, he has to break his 'word' (again), if he wants this sled to continue draining the shareholders and collecting his huge salary.
No brainer ... ... ...
Will IPIX be able to hold the .36 floor, or does something like a 'floor' matter anymore ?
I been saying since $3.00, that IPIX is nothing but a Lifestyle Stock for Leo & crew.
Perhaps Der Leo can offer another PIPE, if he can find more fish to bite at this sled before Aspire funding halts @ .25 ?
IPIX (thru BK court) will give BP a great deal. They can snag the whole barrel of formulations for meter money with a Stalking Horse Bid, ala, Polymedix.
BP will give Der Leo a sweet deal for his preferred shares, but the common holders..... well it's better not to say what they got coming.
But hey....if your a real believer, you can play the 'Q', get a freighter load, and watch how they come out in Ch. 11.
And as usual, 'they' will be selling more than you can buy. See anything wrong with that picture ?
No salary cuts for the Corporate Fat Cats ?
Leo is a canabal who is eating his children so he can live large, collecting his weekly feast of $8,500 for hiding, obfuscating and doing generally 'jack'.
Need more proof ? hang around, and see what is truly ....just around the corner for IPIX.
A new class of Hobo's, who thought they had ' the angle on the dangle'.
The info is there on Dr. Menon. If you can't find the 'misstatements' of Dr. Menon, don't ask us to help you with links. See if you can find Menon and Eli Lilly, and what Menon claimed, and then get back to us.
Der Leo, with his silence, is wiping out the share valuation all by himself.
One does not need to be Nostradamus to see a disaster in the making here.
Shareholders burning up alive, while Der Leo continues to Live Large along with his Fat Cat insiders.
Next Support .36 cents (don't expect that to hold).
You mean the 28 million Free Shares Leo gave himself ?
Noretreat, You know it ! It's textbook Leo holding back negative Significant News from investors.
.30's ! This sled is cooked. Run for the hills, or wait till Der Leo takes the remaining change that's left on the table.
Leo, Is there ANY share price valuation that IPIX will support ?
Or, are you going to let the SP go down to .25 where Aspire locks up further sales ?
What's Der Leo going to 'explain' ? When and if the investors will ever get their money back (forget profit) ?
Down goes the sled. Last chance to sell in the .40's.
Thank Der Leo for another buying opportunity.