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I am debating about his supposed logic and his attitude as a life savior...not about blu dye.
that is the result of an anlyst issuing a 3$ target price and defining the stock as a free call (option).
this caused one hell of a short squeeze...just an anlyst.
Odidi has "just" to deliver to the market a Regabatin partnership with a 5mln upfront...and we squeeze to 12; then on the second day release Oxy results and announce a partnership...second spike to 25-30...
...oh no...sorry guys...I was just dreaming
Just applied logic to your consideration of ADF as being useless.
Still I don't understand why you are invested and sponsoring a company working on an ADF. maybe logic here doesn't apply, but I don't judge you.
you have been correct on many aspects concerning IPCI, but your way of confronting with Others tend to put yourself to level of God, leaving all Others to ground zero.
I never understood why you are so aggressive and often offensive; if you feel you are on the right side and come here just to evangelize there really is no point at all in being so ...
Many here are loosing a lot of money and just hope (now this is the only possible and reasonable word) to get out without too much pain.
So pls, be nice, and Always remember that you can be wrong ...sometime...as any of us !
"More ADF prescriptions results in more street drug use which results in more heroin/fentanyl overdose deaths."
using logic
IF
> ADF prescriptions > deaths from heroin/fentanyl
AND
< ADF prescriptions < deaths from heroin/fentanyl
then
= ADF is completely useless
So
1 - you forgot to add some elements into your equations/disequations
2 - ADFs are an invariant, just a bunch of reaserch and money thrown away and therefore better to be removed from to avoid costs to the society
Tilator,
Another question would be how many other AdComms he attended with the mission to save lives.
And what if Oxy gets approved and helps saving some lifes...what did he really do at the AdComm...postpone a saving life med ???
If I were a doctor like he is I would strongly avoid putting myself and my reputation in this kind of game.
tilator, yours is a plausible possibility. In that case the risk of going out of business would become concrete (nobody willing to give money to the Odidis).
This scenario would lead to either a delisting or an offering which determines Odidis losing the company.
it could happen
"On September 29, 2018, the Company was advised that its request that the Panel grant a further extension through October 17, 2018 had been granted"
so IPCI asked for a further extension...other 2 weeks
now, if we were a normal tiny biotech the speculation (pure speculation) would start to push the shares up consistently, based on the wait for an important news.
the fact that they didn't use the offering yet, means they really are hoping to deliver something.
the weak part is that ipci has been basing everything on hopes and not planning and management.
If nothing happens over the next 10 days we will likely have the new offering at very low prices.
JMHO
WeeZahul the humble.
Think if ipci oxy gets approved and saves life...just think...and think again
Oh no, my God. Impact..no please...this could only mean we are going to get crashed again
Oh no, Weeezuhhll...now how can I decide wether jumping on eltp.
Still, why were you attending AdComm against ipci?
We ipci investors maybe funny but surely not blindly arrogant.
KmA
yes Wim, I know.
As I remember very well him attending the AdComm and presenting against IPCI and when it comes to that episode it comes to my memory the old Latins "Cui prodest?"
anyway between ipci and eltp is a head to head race for which sucks more
WZhul,
why don't you type very slowly if you consider a good idea jump out from IPCI now and get in ELTP to recover part or all of the losses accumulated in the Odidi nightmare ?
Likely using corporate premises for gym, kinder garden, yoga and drawings on the walls.
The Inglorious 50
So it is now clear, that once again, the IPCI dream team had nothing to deliver.
They just wait and wait and wait....good for a new Tarantino movie: The waiting50
F...ing idiots !
WeeZuhl, based on your knowledge of the products and science, would it be wiser to sell the ipci position and switch to eltp for a big recovery of what has been lost in ipci investment ?
WeeZuhl,
your analysis makes perfect sense to me.
Based on that the best solution for IPCI (the one I have been hoping for way before IPCI oxy filing for approval) is to partner with Purdue.
Any other option will have very low chances of getting approved.
Going to the AdComm without a big experienced partner will have NO APPROVAL for sure.
One more point: the reason IPCI still hasn't released the HAL/HAP studies result could vey likely be that they are not ended yet.
Weezul are you going to present against ipci to the next AdComm as well?
In that case let us know because you are going to make Odidi redicolous once again and I don't want to see that horror movie again
yes Wim, I am aware of it...likely Bloomberg uploaded a wrong info and clearly nobody at the company noticed it....lucky us this is a super-tiny company...otherwise this kind of error would have caused a sell-off.
impossible...the only reason he would take that amzing loss were if he decided jump out of the ship before it sinks.
I forgot...with IPCI ...impossible...is nothing
doog, Armistice still there @ 19.75% (860'000 shares)
funny how Bloomberg has been showing since monday a clear error in Odidi Holdings, indicating 57'813 shares or 1.33%...instead of 578'130 or 13.3%.
Samsa, it does look realistic.
Not sure if they can convince NASDAQ panel.
If they can buy some more time without dilution...can it be that we can have a good news (and say we get around 8$) and an ANDA approval ?
is the ANDA pipeline completely stalled ?
I believe none of those on this board will keep their shares if in a dream action we rech 20$.
Would be nice to have a couple of interesting name to start to invest in and populate thei respective IH board...I believe here there several valid thinkers and DDers.
Why waiting until the last possible day to finalize the offering ?
They said the offering is necessary for NASDAQ compliance
So why this wait ?
while I still dream for something positive to come out in the next 2 days, I fear a very positive news is in contrast with the necessaity of a new offering. Yes maybe amazing results on Oxy or Prodras which are coming without a partnership...but we are running out of time.
My nightmare is they are waiting until the last second because they know their massive dilution would put the 1.00$ price at risk...
...but at the same time this huge offering (relatively to the market cap) will defintely cause Odidi loosing the company, which I don't think he is ready to.
I feel extremely confused; pls just get me an epocal pilotated squeeze and I'll leave for ever
Prefunded warrants - anybody got an idea of the reason/function of this kind of warrants which can be chosen by those going or already being above 4.99% of IPCI ?
public offering could mean Boyd passed it...which would be super-negative.
ImpactTrader and his alter ego was able to write on this board seconds after the filing was out for two times in the last 7 days.
This tells me he is or he has an insider. He knows when to short and when to cover (using offerings) and he is not alone.
So why Odidi decided to feed info to this Group it is Beyond any logic. But we are reaching the end, one way or the other.
wim,
they clearly point out in the prospectus that one of the 3 conditions to stay NASDAQ compliant is
"(iii) we provide the Panel with updated financial projections demonstrating our ability to maintain compliance with the minimum shareholders’ equity requirement over the following 12 months. "
and even after the offering they won't be in compliance, given their burn rate which is going to eat the new cash infusion in less than a year....unless they rase the full amount - 15mln $ - which is more than the current mkt cap
if that happened an offering of that kind will cause a devastating shorting to below 1$ by friday
We are reaching the point of no return IF they are going to announce somthing big in the next 5 business days.
exactly a "F'ing idiot"
now Impact, you are saying they will announce a major milestone (and they have to do it before next friday if they don't want to be shorted below 1$)...
Based on your tracking record here on this board,
they won't announce anything
the will get shorted to below 1$ by friday
they will get delisted
This is how a read your message.
"The following is a statement of the expenses, other than any underwriting discounts and commission and expenses reimbursed by us, to be incurred in connection with a distribution of the securities registered under this registration statement."
Legal fees and expenses: 325K
Accountants’ fees and expenses: 75K
400k $ at least of expenses for this new offering: 3% of mkt cap (at least)
Odidi the best !
"(iii) we provide the Panel with updated financial projections demonstrating our ability to maintain compliance with the minimum shareholders’ equity requirement over the following 12 months. "
if they don't come up wiht other geniuses moves other than RS and offerings we are going to get delisted.
Win, just imagine, Regabatin partnered 3yrs ago, Rexista partnered before pIII, and ANDAs managed seriously.
He HAD ideas but he is not able at delivering anything.
To be fair he HAD vision when he tought about opiod many years ago.
Also Regabatin was something which started years back
The problem everybody knows here is that he has no competence in running a company, in making strategic and financial decisions.
nice idea, nice suggestion.
it implies understanding markets behaviour...terefore a little too stretched for them.
But we never know...looking at ALT and RKDA make me dream that there is very remote possibility that I could get out of this swamp with a couple of epic days of short squeeze/wash trading on the upside.
the very low float is usually the fuel in these cases
wim, they will try for the delisting...the scheme is the one has been used over the last months.
they will force the price down wash trading a small amount of dollars
"Odidi is apparently okay with loosing his company. "
he is ONLY reason we are in a death spiral...
the manipulation knows how the man reacts (does nothing) and we can see another tenth of mkt cap going using just 25K $.
We won't see any of the directors and BoD buying at this prices...because they don't believe in themself.
I will wait in silence for the remaining days (until 28th)...since my comments are too negative and I've come to hate the Odidis.
Good luck everybody
the strategy looks clear to me: using a very little amount of money (little risk) the manipulators will try to force it below 1.00$ for the close of the 28th = NASDAQ delisting
if they don't find any opposition (some real buying) the will accelerate the process in the coming days.
hope someone (Boyd) at some point does step in...because Odidi will watch the painting dry
mopar, Samsa, if IPCI si going to release a very good news it would make a big difference to see a massive short covering start from 3$ or 1.3$ (for istance).
So, to letting a company mkt cap freefall like they did, reaching some ratios which just make non business sense (cost of personel to mkt cap, burn rate to mkt cap, etc) is just plain stupid.
I don't think we are going to jump from 2$ to 30$ if the new OXY gets approved...somewhere in the future.
and Samsa, to stay with you logic...why should the price explode if it never did due to manipulation ??
Yes, likely they have somthing more coming, but as many of you remember, I wrote here multiple times that TIME has VALUE !! Which for IPCI has a new factor added, which is the manipulation.
So waiting and waiting and procrastinating means
you have nothing concrete to sell
or
when you finally deliver you will get a fraction of the mkt cap you had 18months ago
c'mon, when you have no info of whatsoever kind you can be optimistic, neutral or pessimistic.
would any of you jump out of his seat (saying: who could have imagined)if it turns out that:
all the pending ANDAs have been CRLed and the company still didn't filed back the required add-ons?
Or that Regabatin is not gaining any serious interest because potential partners see there is no future for it ?
Or that PRODRAs is just some mices experiment with no applications for humans ?
Or that all the magic several NDAs in the work are just future projects ?
Or that the revised OXY won't pass again because they already know it is not better than what already in the market (COLL) ?
Or that mr Odidi decides to move to China ?
Yes, not a bolier, but it could turn that the man is f...ing all of us with a smile !!
So everybody is free to have his own mood, someone can just have faith, someone can be depressed, and someone can stay neutral.
But unless you have insider info (do you???) you have no more basis than a pessimistic to say he has no reasons to be totally upset.
JMHO of course
the reason I am still invested is because I am still hoping for THE short squeeze...even a dead POS like DCTH made a 17x in 8 days on pure short covering.
Mopar I think many here are fearing the con.
There several stories and movies about finance where at some point someone discover the building became empty because everybody run away.
I understand wmike feeling
50k $ to wipe out 8% of market cap.
This is the strategy that destroyed our Ipci, together with our genius CEO inability to deliver.
1 tenth of mkt cap a day...
And you know why Boyd still hasn't took over?
Because everybody wants to see what Odidi really has...nobody believes a single word anymore.
He is a complete shame
Down 30% since the RS.
The idiot which has been driving IPCI deep into the s...t doesn't really get it: if his plan is do nothing we will see the price crater during the next days.
If he is not a con he is for sure the master of incompetence and ignorance.
Hope he gets kicked in the teeth