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Once IPIX has your cash, your trapped for the duration. Try to sell 800,000 shares - forget it. The only way you can hope to get some change back from your -uh..investment, is to hope for a large spike with extremely heavy volume.
Leo ate those guys for lunch.
And that other who bought 100K shares at the last 'bottom' of .70. IPIX ate him up too. Not to mention the ones who 'Loaded the Boat' at around $2.00
But don't worry....Der Leo wizard is working on a George type 10 Bagger out the gate, for the long suffering loyal investors who are holding out and Banging the Table for the $51.53 buyout, you will soon get what's coming. Leo's got your back.
Not me. I been saying since $3.00 (when I unloaded the anchor) that this sled was going down to $1.00.
And Leo better support it at that 'floor', or it would be all over but the crying, if SP can't maintain $1.00.
Other voices were saying to 'Average Down', and 'Buy the Dip', 'Great Buying Opportunity'. What a disaster those suggestions turned out to be.
No financial news will be PR'd by Der Leo because it's awful. Same for the 'P' update, as it's awful also. That's the 'style' that management has demonstrated over the years.
Who would trust a company that obfuscates material facts from investors ?
How can a investor make a informed decision, when key material details are withheld ?
IPIX should be investigated by SEC for Reporting Violations.
oh THAT is too much reality here.
The bottom line is clear to see. The KA-BOOM will be investors pockets blowing out. And Der Leo.... well he won't even give you a 'Thanks for the Life-style' recognition.
Why Der Leo won't even release the P data. Doesn't care about the law. All he cares about is the Stampede to the Exits and Aspire ending funding of this disaster for stockholders.
Great Post !
At $1.00 Der Leo would make out Huge. The shareholders would lose their shirt, but probably be happy they still got their underwear, as with a BK, they would lose that too.
What a way to make $28,000,000 (+ 10K Preferred Shares, Options) for the CEO, while many shareholders lose large.
The reality is, Mako was more right than wrong. That should be evident by now to all except those with 'Eyes Wide Shut'.
Why should Leo return calls/emails from concerned investors ? Oh, because he promised to be the most transparent, Investor friendly CEO in the Bio-Tech field ?
It seems not that long ago, I stated on numerous occasions the SP was going down to $1.00, and was ridiculed for it, as that was considered a ridiculous valuations due to everything IPIX (then CTIX) had going for it.
Now the Share Price is HALF the 'ridiculous' $1.00 SP.
Leo has delivered to the shareholders what you state:
The Leader, Leo, doesn't like releasing 'Bad News', regardless of what the the rules say.
However, he's very generous on the other end, pumping and spinning a PR narrative of 'victory just around the corner.
Collecting his huge salary, while everyone else suffers, Leo's making Beef Jerky out of investors.
Der Leo is making it happen........
Turning Believers into Hobo's.
You think the Kind Hearted CFO will perhaps give the hard Verkin CEO another Bonus before the Reverse Split ?
The Big Pharma guys are wise to Leo (as is the market). Besides they are professionals. Why partner with IPIX when they are headed to BK without additional funding ?
IF, BP wants a formulation of IPIX, they know they can pick the whole lot in BK for meter money, ala PMedx.
All they got to do is wait a little longer. No problem, as they know what's just-around-the-corner for IPIX.
Leo takes care od himself first. Too bad there only horn & hoof's left for the long abused and lied to investors.
Video, IPIX cures the responsibilty of managing ones money.
Give it all to Leo, and he 'takes it easy' living large.
IPIX will have it's Partnership, with the ground.
L@@K it's .... just around the corner.
Of course it failed. That's why there was no "interim Report".
Historically, Der Leo has demonstrated that he; obfuscates, spins and omits.
Studying the proclivities of management is ones best DD. And that DD is your friend.
Shows the 'Nature of the beast'.
Rule #1: Never invest more than you can lose.
With a high risk Bio-tech like IPIX, who at helm has a CEO who has never brought any successful formulation to a drug in his history. Your more likey than not to lose your whole investment.
Many have already lost 80%+.
The engine has been sputtering for a long time, and the ground is getting large, even the dogs are barking.
The only thing just around the corner, is the SPLAT !
Another Leo PR of 'Strong Data', and IPIX will be in the .40's.
Unfortunately, Many took a wrong strategy of 'Averaging Down' from $4.00 - downward, getting 'exhausted' at $2.50-$3.00. This is a textbook case why 'catching a falling knife' does NOT work on a stock like IPIX.
With no historic pattern of 'trading range' within a very thinly traded penny stock, 'hope' is all one can have at this point, as trying to leave (sell) a boatload of IPIX now, would sink ones boat.
Even, if the stock makes a spike to $1.00 again, that will not help much, but there's 'hope' that soon (just around the corner) Leo can make good on some sort of partnership.
However, in reality, there are many problems with this company, besides the share price, missed promises, and not returning investors concerned calls to 'Investor Relations Dept'.
Regards,
-Bunny
Perhaps that would be a Red Flag and be noticed by shredholders. Not that Leo cares about the shareholders, as the joke of 'Investor Relations Dept' doesn't even return phone calls from their investors.
I mean, is there anyone at Corporate HQ, that one can dial a number and talk to live ? Or do they all do their 'work' from their yachts, in- between skipping to the bank and cashing their huge salaries ?
Regards,
-bunny
IPIX (DerLeo) knew the P indications were sub-par, that's why he didn't release the Interim Report.
Yes, P2b is 'Blinded' alright, but after months, clear seeing to whom.
-bunny-
Leo's got no capital to proceed further, and there is no 3rd party verification.
You still think there will be some sort of deal by end of this month, April 2018 ?
Well Stated. A slow and painful death to this Lifestyle Sled. All Leo's fault.
People at the top (who had honor) would say: The Buck Stops Here.
Possible already being investigated. Perhaps that's why Leo's 'Gone Turtle'.
They are unloading ! Someone must know something, and 'they' don't want to hold this sled over the week-end.
Perhaps it's the just around the corner PR on 'P' rolling out Monday.
Wonder which of the 20 CDA Pharmas will be the winner of the bidding war ?
IPIX blast-Off is just around the corner. Don't miss the bus and sell before $51.53 buy-out.
How about this novel idea: holding management responsible for the collapse of SP ?
When was the last time SP was at .54 cents PS ?
From $4.95 to .54 is not a Lololol. Unless your Leo, who can do that when he collects his over $8K a week + benny package every week. But what about the long suffering shareholders, which he has not even addressed, or had 'Investors Relations' dept. return numerous calls of concern ?
Oh, now investors have to perhaps wait another two weeks for the 'great news'. Why that's just around the corner. And that, for me, is a -Lololol .
Expecting the usual spin from Der Leo on P2b data, how 'advancing toward the rear' is advancing forward.
I'm expecting a Gap Down.
-bunny
Per Aspire contract, when SP hits .25 PS Aspire cuts further funding to Der Leo & Crew. IPIX is then headed for BK as there is no money to tap from.
Well.. they can attempt a PIPE from the All-IN bunch, but doubt it will be successful.
Clear to me "P's' a dud, so no Partnership.
Why partner with this 3 Card Monty bunch when you can pick up the whole sled (if one wants), for a song in the not too distant BK ?
Still no reply from "Investor Relations" ? HA ! No surprise (to me).
-bunny
You can imagine what Der Leo would say if he answered that question, which he will not.
Even 'Investor Relations' doesn't return shareholders concerned calls.
That's the reality of the once touted 'Most Transparent Bio-tech and Stockholder friendly Co.'.
It will soon be clear why Der Leo did not report Interim P2b (risking a further loss of reputation as another example of a broken promise).
I surmise, that if Leo did release Interim Report, the PPS would have crashed toward .30 cents.
Expect more stalls from this Just Around the Corner Awful Pharma.
Sounding like a possible Lead Plaintiff in the Just Around the Corner Class Action.
IPIX has not reponded to the crushing Share price. Neither has 'Customer Realtions' responded to the numerous calls left on the Answering Machine
The only thing that's just around the corner' is the Class Action.
The only question I have, is who will be the Lead Plaintiff.
-bunny
This Week ?, to turn the proverbial corner, to ride The IPIX Rocket Ship to the moon with Skipper Leo at the Helm ?! -
Allll-aboard ! HA !
-bunny
Record high accounts currently on Margin. Same as in 1929, 1987, and 2007/08. Except this time it's bigger.
It was the bulls who got slaughtered. The shorts made out huge, like in the movie 'The Big Short'.
Regarding IPIX, the shorts ate the longs lunch since $4.95
The market will take out most all the bulls in the Mother of ALL Margin Calls, as Stop Loss levels get hit. Many investors don't have a lot of spare cash in their accounts to cover the call. So brokerages will be selling your stocks before you can get a call through to tell them 'Don't sell my IPIX'. It will be gone.... naturally sold at the bottom, IF you have a near maxed out Margin Account.
I do agree that
Another couple of sessions next week like the last two, and investors will be getting hard Margin Calls and be calling their brokers to sell the sleds (like IPIX) in their accounts to cover the margin calls.
Historic highs with stockholders with Margin accounts, many which are near maxed out.
Next week could be very bad, and this time IPIX will also be negatively affected.
I expect Bulls to continue dropping out and disappearing.
All have a great week-end.
-bunny
Why did Der Leo risk further loss of credibility by not releasing Interim 'P' data ?
Der Leo collects Over $8K this week , while some investors lose $8K. What's wrong with this picture ?
-bunny
"Any day Now" from IPIX The just around the corner pharma, who can never turn the corner.
And IMO, it never will. More stall and jive from management. Unfortunatly, it is historically what they have shown, and continue to show to this day.
-bunny
Pass the salt, this pig is done.