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Not sure why anyone thinks IPIX was going to be involved with the 510(k) anyway.
The only official indication we have is that IPIX was an investor in BeaMed.
That doesn’t alter the fact that Leo Ehrlich bunged $4 million of shareholders’ cash to an offshore company without so much as a by-your-leave.
If anything I suspect all this Sturm und Drang is designed to remove the focus from Leo Ehrlich’s part in this gross breach of his fiduciary duty.
Rich Inza is a crook who breaks securities laws every day with his VPLM pimping.
Just like Malak with his utter contempt for the SEC and their requirement to report material events.
Any company that has Ben Carson on its BoD is doomed to failure.
That site (https://stockinvest.us/stock/VPLM) got one thing right:
Going to comment on the fact that the claim about insider buys vs. sells was completely false, or are you just going to let that ride?
That statement was total tripe. I suspect AI is used to compose those write-ups.
Hundreds of millions of free options and a Form 144 filed just today:
https://www.nasdaq.com/market-activity/stocks/vplm/sec-filings
The greed of the VPLM insider vultures is only matched by the stupidity of those who still think this is a legitimate company (and by the dishonesty and criminality of their social media sock puppets, and their IR person who masquerades as a normal investor).
So over on the other board, some of VPLM's apologists are trying to claim that two VPLM Directors bought shares (they used the word "more" which would be a misstatement, because they've never bought any).
In reality they were granted over 100 million free options at the ultra low price of 0.005, already in the money.
Malak gave himself 90 million free options.
https://www.nasdaq.com/market-activity/stocks/vplm/sec-filings
No doubt they will dump these as soon as they can, just like they have all the others - the options are exercisable immediately.
VPLM insiders - all reward, no risk.
VPLM retail shareholders - all risk, no reward.
I suspect that question has little relevance to IPIX nowadays.
That $4 million of your money that Ehrlich gave to his off-shore buddies without so much as a by-your-leave is long gone.
The only outstanding question is how much of it ended up in Ehrlich’s personal bank account with the rest of the money he stole from his retail shareholders.
When penny stock CEO self-enrichment schemes like VPLM fall below 2 cents and begin their inevitable (although often punctuated by brief spikes) decline to the trips, it becomes clearer who among their followers are sheep who have been woefully misled and misdirected by the crooked CEO and his equally crooked IRP, and who are the wolves in sheep's clothing who have actively connived with the CEO to transfer his marks' money to their own pockets while pretending to be among those very marks.
While I already have a pretty good idea who on social media (DB/Rich, obvs!) falls into each camp, it will be fascinating to get a more forensic feel for this over the coming months.
In the meantime, you can rely on the fact that those who regurgitate the lie that in some way Amazon are behind this ludicrous and vexatious lawsuit are simply peddling Inza's lies on his instruction and therefore are part of this criminal conspiracy.
Which, frankly, is not a good a smart thing to be doing for all kinds of reasons.
Mr. Market (and the insiders) knows what to make of this vexatious law suit.
Sell!Sell! Sell! Sell! Sell!
LOL.
More paid PR bullshit, you mean.
The first lie comes in the second sentence:
Given that TORVF is a scam so obvious you can see it from space, that shouldn’t come as a surprise.
LOL!
“Don’t look at our illegality, look over there instead! !” says Emil Malak.
BTW even if successful (it won’t be, once again VPLM will be crushed) just how will this benefit VPLM shareholders, and just how will VPLM pay the legal fees associated with this when they once more lose?
This is going to be fun to watch but not for the reasons Rich/DB thinks.
This isn’t nuanced. Only a legal counsel that had its head up its own ass would think that major defeats in pivotal law cases weren’t major events and didn’t need to be the subject of an 8-k.
In this and in other SEC requirements such as timely and accurate reporting of insider sales VPLM deliberately chooses to spit in the face of the law.
Which is probably not a good thing.
Of course. Jean François Amyot and his boys are used to the trips.
Nothing to worry about if you’re one of the corrupt insiders.
On the other hand if you’re a retail shareholder you’re totally screwed.
So the much maligned Nuuut’s claim to have received an email from the court clerk seems to have been in fact true, at least as far as T-mobile is concerned:
Game over.
Watch for the pimps trying to make a silk purse out of a sow’s ear, though.
Next step is probably a Wells Notice.
These guys aren't just crooks, they're very greedy crooks:
Petty cash run out again?
Define”soon”.
Board’s gone quiet today. Rich’s petty cash box must have run out of funds.
Time for yet more insider selling!
Social media pumps based on lies and distortion don’t pay for themselves!
http://insiderbuyingselling.com/?t=VPLM&submit=
I’m not sure your “IPIX is the worst investment ever but I’m still holding” post is quite the devastating riposte you obviously think it is.
LOL.