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I thought you said a few days ago that you were ok with the way the company has been diluting thus far...you change your mind or do you have some info?
Cannabis? Somehow I don't think that fits Intellect. I wouldn't touch that sector right now until a serious player got involved. All the otc marijuana stocks had there big move a few weeks ago and now those stocks (except for a few) are on the decline. GLTY
I think at this point we need a buyout. Seems like unless the company dilute there is no volume. Maza please find a buyer already!
This stock needs to start trading some real volume...20 million + a day.
Well what I think the buyout price could be isn't very popular on this board...lol. I feel if Intellect were to be bought out by the summer they could fetch somewhere between .025 to .05 a share. I don't believe the stock will move much unless there is a buyout. IMO...GLTY.
I wonder why alot of things with Intellect...lol. Mostly I wonder why they haven't been bought out yet.
Wonder why there is such a difference between the two platforms...mine is still showing .0048 on the bid and .005 on the ask...weird
What platform do you trade on? The ask on etrade is still showing .005
Hey deals...unfortunately, yes I believe the company is going to continue to dilute. Im not so sure a milestone is in place when Vio/Shpg finishes up with the phase 1b study. I thought the milestone was for when they completed phase 2. Also I don't think we are going to see any partnership for TauC-3 or TOC1 anytime soon. Intellect said 2 years ago that CONJUMAB had attracted significant interest from Large Pharma companies and nothing has happened there as far as a partnership. In Intellect's last news release they stated that the TauC-3 results should attract renewed significant interest in Intellects science. Hard to take that statement to seriously since nothing came from CONJUMAB yet and that statement was made 2 years ago when they actually had a CSO and CEO and now they don't have either. I do However feel there is value here in Intellects pipeline and I believe a large pharma company might be willing to take on Intellects 80+ million dollar debt and throw in another 25 to 50 million to take a chance on their science. IMO ...GLTY
Im with you buckiii2. Although I feel .10 is pretty high, I do feel .05 is doable for a buyout if they don't continue to dilute and do a reverse split before hand. I would really like to see this buyout happen before June. GLTA
mkaiz...Of course if they could advance their pipeline it would help them in both partnerships and a complete sale. Them getting OX1 through phase 1 trials is how they landed the deal with Viopharma. The problem even with a settlement or them winning a lenghty trial that I believe they will receive between 2.5 to 4.5 million for is that still isn't enough to bring any of their compounds through phase1. You would still have the same problem, money being spent on trials would lead the company to dump more shares for money for day to day operations. There still isn't anyone at Intellect to oversee and get these trials going...no CSO, CEO, CFO...etc. I think with what Intellect has right now is enough for a Large Pharma to spend a little cash and pick this company up. IMO
Mkaiz...even if they receive a settlement, their is no one at Intellect who could advance their pipeline. Common shareholders need Intellect to bought out completely. IMO
I think even if Pfizer settles with Intellect (which I don't believe they will...Im pretty sure they are going to drag this trial out) that Intellect will still dump shares even with the settlement. Maza said over 7 months ago that they were looking for a new Chief Scientific Officer and CEO and nothing has happened. They engaged EVLI 7 months ago and nothing has happened. CONJUMAB has been ready to start clinicals for a while now and nothing has happened. I am all for Intellect fighting for their science against Pfizer but I feel a large pharma company taking over Intellects science would be able to advance Intellects pipeline and continue Intellects fight against Pfizer in court. I don't believe Large pharma companys are staying away from buying Intellect because of this Pfizer case. The longer Intellect goes without being sold the less a chance common shareholders have at making any losses up. Come on Maza...sell this company!!
You aren't going to see this stock move very much unless the company gets sold. Intellect uses any news event to dump shares so they can raise money. The only money this company has seen in the past 2 and a half years was the initial 6 million from viopharma. Since then every last dimehas come from the company diluting shares. The os has gone from 26 million to Im gonna say at least 350 million now (probably more) since the reverse split happened. What is going on with EVLI? 7 months and nothing? This company needs to be sold for anyone to have a chance at recouping any losses.
Well forget that idea..the asked just dropped so we finish down no matter what...lol. Another ugly trading day for Intellect.
Hope someone buys a block of shares at the ask at the end of the day, so at least we won't finish down on a day with news.
Wow! Company dumping millions of shares here. We can't even get a little pop on a day with news. Wake me up when the company gets sold.
All ready for another action packed day with no news from Intellect and trading somewhere in the .004s....lol. Groundhogs day...lol
Another day with no update from the company. Come on Maza ...hit us with some news!
Feel the same way you do Deals. That's why I keep saying our best chance to recoup any losses here would be for a complete sale of the company.
After reading the transcripts, I believe Intellect has a great shot at winning this lawsuit! I don't believe however that Pfizer has any plans on settling with Intellect. After reading the transcripts I'm surprised Pfizer isn't challenging Intellect's patent (I see that the judge brings that up in the transcripts). I think Intellect will be victorious, but Pfizer will drag this trial out as long as they can. Hopefully now that this hearing is done Intellect will start releasing news, and Im praying that they get bought out soon!
Well we will have to wait for the 10k to see the os since the transfer agent won't tell me the current os. Im gonna say that they added quite a bit more than 15 mil to the os. I know the os is going to rise ...I think eventually we will have 800 million or so in the os. I just don't understand why they would dump shares now.
Could be...this is def the strangest trading stock I have ever been in. I hope Im wrong about the company dumping shares but if they are then they are destroying any chance any investor has here of recouping some of their losses. I don't understand why they would be dumping shares right now if they are indeed dumping.
Millions of shares traded and we still can't break the .004s. Come on Intellect, stop dumping shares and give us news!
Today would be a great day to hear some news from the company. Id say news is long overdue on...CONJUMAB, RV03, TauC-3, Evli. Throw us a bone here! lol
Deals I hope you are right about a settlement, but something just tells me Pfizer won't settle. I can see them turning this into a long drawn out trial. I don't think they care about how much they are paying their lawyer, Pfizer has billions of dollars at their disposal and a few million is nothing to them. I think Intellect needs a buyer now. I fell this trial will just lead Intellect to dilute the stock even more for funds for their legal, and that in turn will hurt everyones investment here even further.
Im still seeing "preliminary conference" for 02/04/14
Man cablejohn you are on top of this. I checked a few minutes ago and it still said "open".
Well it looks like this thing is headed to trial. I don't think Pfizer is going to agree on a settlement with Intellect. Wonder how long this trial will take, it took over a year just for the hearing on the motion to dismiss. I hope Intellect gets bought out in the first half of this year. Evli has to have come up with a valuation and a potential buyer by now I hope. GLTA
This is definitely not the kind of trading day I was expecting the day before the hearing. Thought we would have traded 10s of millions of shares and had a nice little pop. I don't think this is mms playing games, I believe this is dilution. Ugly trading day so far.
Well, at least theres some volume now...lol
I think Shaka may be right about the company diluting shares today. Who else would dump that many shares at .0045. I just don't understand why they are diluting in front of this hearing.
I still can't get over the lack of volume hear with the hearing taking place tomorrow. I would have figured we would be trading at least 10s of thousands of dollars worth of stock these past two days.
lol...that is what your shares would need to get to just to break even if you had bought the stock back then before the 1:50 reverse split. ILNS was never a dollar stock.
Don't know why the company is diluting if they are going to receive monies in this lawsuit. Doesn't make much sense...hmmmm. Anyone have any thoughts?
WATER33...This stock was never a dollar stock. Why are you making this up?
50 to 100 million? That's crazy
I was expecting a lot more trade volume on this stock before the hearing this Wednesday.
Over 1.3 million shares are sitting on the bid at .0045...lets see if they fill it