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There's a chance that IPIX could go to $1.00 again ....
However, Der Leo would have to activate the last ditch 'Wonder Weapon' of a 20 to 1 Reverse Split. Possibly with a PR that victory is .... just-around-the-corner.
So sad to see so many that can't see what was done to them.
Agree. Excellent analysis. That would be typical and should be expected. I should have thought of that.
BK would end The Lifestyle.
Albert, IMHO, there is no legitimate reason for IPIX to stay silent, in view of the 90% Drop of SP. Comment was ment as Hopium for the long- suffering longs.
I have warned during the long dropping SP from $4.95 at approx. $1.80 that this sled was doing to go to $1.00 and lower if management would not support SP.
Was told that by many that was crazy and "If the SP ever drop to that level again I'll fill the boat" ('Filling the Boat' was a popular phrase here back-in-the-day).
Expect radio silence from this bunch, just like we did with 'P'. What are they going to tell you ? It failed, it was our last shot ?
I agree, you and the longs deserve an answer from a resposible caring CEO about a stock that went from near $5.00 to .07 cents.
Real World, with this bunch, now deep in the bunker, You might never hear anything again, excluding a 'hopium' type of PR. Expect BK.
Agree. With failed 'B', That's what it looks like (finally, I expected it sooner) closer to turning the corner than any IPIX hopium 'pipeline' Hail-Mary.
Although, expect the well known pump PR's for continuing the Lifestyle a bit longer.
Could it be a... Quiet Period awaiting an 'All-In' Buy-Out ?
You mean the 'Most Transparent CEO in Emerging Bio-Tech of the next Regeneron', who's main goal is growing shareholder value & shareholder accessability ?
Good question. Since Der Leo will never say we can only speculate.
Sticking to the Golden Leo Rule of never using his own money;
That after getting $300M from shareholders, and then negotiating with litigants for a 50% reduction due to 'hardship' he paid them in shares that were worth what, .80 -$1.00 ? now near worthless.
I heard this Lifestyle Sled 'Turned the Corner' - finally.
For The Record: Yes, IPIX, IMO, has a chance of making it (getting additional financing, perhaps a Partnership). I also believe that some of the compounds have promise.
Yes, I have been critical of managements 'mis-steps'. However, that does not mean that I don't want the company to succeed bringing drugs to market which would be greatly beneficial to mankind.
Hopefully we can see positive news from IPIX in the very near future.
The Bunny
It is possible. That would be nice to see. Lets see what happens this month and going forward.
The SEC has indicted a nest of S. Florida Micro-Cap fraudsters involved in P&D scheme. They state Seeking Alpha article, used in the scheme.
Bottom line: Insiders win huge, stockholders get taken.
Wether one thinks it has a possible effect on IPIX where the CEO is located in S.Florida, or not, is a legitimate item to post, wether some believe it does, or does not.
IPIX CEO Leo (in previous executive positions in prior firms), those Bio-Tech Micro-Cap companies have gone BK or one is on the verge. In IPIX case, many investors currently have a 'Red Position' of -80-95%.
Facts are uncomfortable, but they still remain facts.
Nothing Personal, just a fact. A fact that should be known by newbies, should they be considering to invest into IPIX.
Sounds to me the SEC could perhaps be throwing a wider net on Micro-Cap Bio-Tech in South Florida.
Lets face it, Leo has shown a history of losing for those with companies he was involved with prior to IPIX, where shareholders had lost, in many case, everything. Those losses have NOT transferred to the insiders.
All the govt needs is to see ONE case of 'Material Mistatement', and they can open a Inditement.
I'm sure the current group of crooks in the 'SEC Frost Net', are throwing everyone they know (and don't know), under-the-bus, to cut a deal.
- If I was Leo, I would be firing up the furnace and Bleach-Bitting the computer.
A common Pump & Dump scheme in Bio-Tech.
Interesting ties with Seeking Alpha pump articles. "Material Misstatements'. Sound Familiar ?
https://www.msn.com/en-us/video/l/sec-charges-miami-biotech-billionaire-phillip-frost-others-for-roles-in-market-manipulation-schemes/vp-BBN1Qsh
I wonder what would happen to the SP if you unloaded your 'Freighter Load' "At Market" ?
With cash running out, they can run the operation further out from a 'Top Secret location' (Cardboard Hilton or Spector's Yacht).
You got to keep them huge salaries coming in to the very last, one just can't find that kind of 'job' making that kind of money for doing Jack and playing Turtle.
IPIX can't go forward with any further testing, as they are technically broke.
If Leo can't show Aspire that IPIX met the funding milestones by end of this month.... there will be no more funding from that source.
Leo can't sell 'The Dream' further to the financial world, as there is not much left in share value that Leo can dilute without reaching 'Critical Mass', with a mass exit of remaining shareholders.
Of course IPIX can do a Reverse Split, but that will cause a 'Bail Out' signal for all but the biggest dreamers.
- Put a fork in this sled, it's almost done.
If you asked 'Hard Questions' - Forget it.
If perhaps 'Softball' question, it's a maybeee... But I doubt you'll get anything from The Turtle.
Leo may accept $1.00 prior to BK, You never know. He would turn out great with his $28M Free shares + 10K preferred, and options. That would be a 'Win' for insiders, but what about you ?
SP down 6% currently on the 'Good News' PR.
Why have a phone when nobody answers ? Just to show in still rings !
And since it's still ringing, there's The Hope.
Menon needs his full salary back and Leo needs a raise. For the next Regeneron CEO, $650K PR is like meter money.
You got your PR - Be Happy !
Oh, you want BOM, and P2b, well don't worry that's just around the corner.
Leo does not release 'Bad News', as Bad Data would be Bad News.
Just like Leo never explained why NASDAQ uplist failed. No details, just keep moving along....nothing to see here...
BUT, Looky over here... Partnership in 2016- 20 CDA's, ...OK then it's 2017, and we have data, it's 'Locked', we will show you it .... just around the corner. Then 2018.... better not to speak of it, as Leo sells millions of .25 cent shares to Aspire, and then 'Goes Turtle'.
A sad joke of a 3 card Monty slight of hand, for all that have eyes to see.
If The Market believed in The Science, and that science was on the verge of making a deal of some sort with one of the reputed IPIX's CDA's, The Markets would have shown by now it's 'belief' by a rising SP of at least $1.50+ (in my estimation).
I guess I'm with The Market. I don't believe. Others may think different.
Leo filed NASDAQ up-list paper work that he knew (or should have known) would be rejected, because IPIX did not have a qualified BoD's in place.
Leo wanted his 'Yes Men' on BoD more than any NASDAQ uplist.
The Yes Men BoD have NOT protected the shareholders interests. That's no surprise.
A real Board would have shown Leo 'The Door' a long time ago.
As we know, Leo doesn't respond to 'tough emails', when will 'Tough Questions' be asked of Leo ? Isn't it about past time ?
The QIDP status was one thing, but Leo's Pumping of NASDAQ 'Uplist' had no effect on buyers ?
It was well orchestrated Pump with a Two Prong Attack (QIDP + NASDAQ, where many stated 'once on NASDAQ, we'll get institutional buyers' = High Volume= KA-BOOM to share value).
Instead what happened ? The artificially pumped valuation was sold into by Aspire from the 'trusting shareholders' who were lead to believe - we are just around the corner.
At the time of Leo's numerous statements of 'NASDAQ uplist', there were some people who questioned how that could even come about, as a proper qualified BoD was not even in place, and was sure be rejected. You don't think Leo knew that ?!
After that, there has been numerous promises by Leo that were never kept. Partnership 2016, 2017. P2b interim report, just to name a couple, but I could really go to town with a huge list, but you know them.
The reason IPIX is in the .30's cent range is: Leo SOLD the shareholders out to Aspire and has spun, deflected, 'Cherry Picked' data, and Memory Holed anything else that was uncomfortable.
Now Chatty Leo's 'Gone Turtle'. So much for self touting Most Transparent CEO in Bio-Tech.
And Then Dr. Menon giving away 15% of the company to Aruda, who was also selling into 'The Trusting Shareholder'. This crew busted all trust from anyone who can see the facts objectively. There's over 10 Year history of what transpired. ALL to the detriment of shareholders, but Leo and Crew still collecting huge salaries, interest and 'expenses' from the long suffering bones of investors.
When Leo stated he was preparing to uplist to NASDAQ;
You think Leo didn't know IPIX didn't qualify for NASDAQ uplist when he stated it ?
However, that statement by the CEO made the stock go way up, as many 'Loaded the Boat' shooting the stock from $1.60 to near $5.00. Few wanted to miss the pending KA-BOOM, but got suckered in buying into 'Pumped Valuations'.
Another example of 'overhype'. Overhype is too kind a term.
It's just a short trip to the Bahamas on Spectors super yacht to make a cash withdrawal and write off the whole thing to IPIX as a 'business expense'.
Oh, you might say, what about the shareholders ? Let them eat cake.
Just dead weight-
Leo must, and will, have IPIX PPS at or over .50 PS by end of September.
Unless we have a general Market Crash by then.
noretreat, I agree. "Bait and Switch" -That's been Leo's historical style.
Many newbies don't know the nature of the beast. Leo will spin this sled till he gets ever nickel out of investors.
We have seen this pattern from the days of The Sled.
It's time for The Turtle to 'Cherry Pick' data, spin, and obfuscate, and move the Goal Pasts further back again, and continue The Lifestyle.
Hey Leo, Show us the complete P2b data It's long past time.
Up 10% ! Leo cut a deal. Go ALL-IN !
Last Change to score Huge. What color do you want your Lambo ?
MAX, I figured you would be the Lead Plaintiff. You'll have plenty of company in 'The Class'.
In Florida if you go BK or have Judgments against you you get to keep your mansion. That's why 'The Juice' relocated there.
The Lambo is probably the 'Company car', so expenses get written off.
A sad joke on the investors with this Most Transparent CEO in Bio-Tech.
Falcon, I'm not worried. It's not my money that's getting lost with IPIX.
No Phase 3. No Partnership. No more funds. No more time. And Leo's 'Gone Turtle'.
Good Luck with that one.
The only 'suffering people' will be the investors, not anyone 'helped' from their physical afflictions.
However, I agree, The Games not over. You got .40 cents more to go before RS or BK.
Trusting in Leo to connect on a Hail Mary on the last play ? - Good luck on that one too.
BUT Maybe Leo can sell IPX for .75 PS. (Real experience shows a BP will let it go into BK first so they can snag it for nickel, if they want it at all). But lets say IPIX makes a Retail Sale Deal now. Leo will make $210 Million, of Sheer Profit on shares he created for himself with no cost, while most investors will lose large. Oh well, 'that's the way the cookie crumbles'?
However, a sale @ .75 cents will at least get investors something back, and that will be success with this crew.
However, they have long record of leaving everyone broke, but 'they' emerge stronger.
Cox was 'Pounding the Table' for Leo's last sled, as late as 2013 !
Hey, OK. Your right. I was off a decimal point.
Der Leo would only end up with 21 MILLION DOLLARS for zero out of pocket cost on his 28 million free shares.
In the mean time, the stock is .38 cents and crashing on the soon to be a wiped-out shareholders, many who paid a lot more than .75 cents PS.
But Good Luck anyway !
At a sale of .75 PS, Der Leo will be a multi-BILLIONare with his 28M Free Shares, while most Long Shareholders will be closed out in The Red.
It should be clear by now that Chatty Leo has no interest in answering numerous uncomfortable questions by shareholders.
You ever speak to Leo ?
'Spector' probably carries in his wallet a AMEX - Black Card.
Just think, that IF IPIX gets some funds they won't be broke, and won't have to soon declare BK.
However, I'm sure they will keep those large salaries to themselves going as looong as possible.
Otherwise, Perhaps trading The 'Q' will be fun for some.