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IPIX got investors funds, and the investors only got a fraction left, and many are not happy about being down 80+%.
By Der Leo's 'Turtle Behaivor' (not addressing investors calls), should tell one the what he really thinks about 'dying on the IPIX vine' of the common stockholders.
If by some miracle Leo would leave and be replaced with a CEO with a record of success (not failure, like Leo), the PPS might zoom to $2.00
-bunny
I'm only saying what I see. My Trend Predictions regarding IPIX has been spot-on since I sold my shares at $3.00.
I don't 'wish' shareholders to get 'wiped-out'. However, bankruptcy usually wipes out common share holders, while Preferred Shareholders like CEO Leo, with $10M Preferred shares has a much better chance of being made whole.
I stated long ago that Averaging Down would not work in this case, and at .25 SP Aspire will cut off further funding per contract.
Hope your not to heavy into this, and there's still a chance to get what change is left on the table before SP goes down another 40 - 50%.
Or hang in and dream of a 'Hail Mary' connection at the last play. That's all that's left as time is running out, as is the money. $4.95 to .52 and Trending Downward.
-JMO, and it works for me.
-bunny
To date, CTIX has already wiped out 80 - 90% of many investors equity.
The SP shows it's still going down. When and if CTIX files for BK protection, common shareholders will be wiped out. That's closer to turning the corner than any of Der Leo's bidding war CDA's or the phantom Partnership that should have happened in 2017.
Just reality - Deal with it, or keep taking the Blue Pill.
I'd say good Luck, but 'Luck' will not help shareholders escape this vampire Lifestyle Sled.
-bunny
When in BK, Leo still has his 10M in Prefered Shares. So those will get paid first for the BP snagging the whole lot in a Stalkink Horse Bid, ala Polymedix. So Leo will be fine. LoL
However, Common shareholders will get what's coming to them. Wipe out.
49 cents and falling !
What Leo usually does; collects his huge salary and bonus to boot.
Last Chance to sell in the .50's. Nothing but air under .50 !
And THAT is .... just around the corner.
It is unconscionable for Leo to not personally address the shareholders who some cases are down 90% in their investment in IPIX. With many down 75%+
A CEO who promised that IPIX was going to be the most transparent bio-tech, and who's shareholders would have access to him. Instead, the reality is quite different. Leo shows that he's 'gone turtle' and by his actions has proven the shareholders are on their own. The only contact a shareholder has is a answering machine at Corporate HQ, where calls are not returned.
Your a failure Leo- enjoy your millions, while your shareholders are dying on the vine awaiting your just around the corner Partnership, that never materializes.
-Bunny
I been calling this sled a loser when I unloaded @ $3.00. Stated it was going down to $1.00. Was told that $1. was 'crazy'.
So, if $1.00 was 'crazy', what is .50 cents PS ?
Now, I say: the exit gate is narrow, and there will soon be a Pile-Up to get out for those that want leave with what change they got left. Otherwise, Der leo will take what's left.
Just awful but predictable with this bunch.
Thanks for the recognition. Few want to admit that I been right all along.
Looks like IPIX motor is sputtering and barely flying above ground.
Der Leo making over $1K a day, while investors in some cases are losing over $1K a day. And it's been this way for years.
All average down strategy or 'buying the dip' has demonstrated only a textbook case of 'catching a falling knife'. A disaster.
The only end point that's just around the corner, is capitulation, by the long abused investors in this Lifestyle Stock.
The same CEO said we would have The Partnership in 2017. Then some said 'latest 1Q 2018'. Now....
.....
It's just around the corner (again).
Refuse to support 'The Lifestyle'.
Take what change you got left off the table, as Dealer Leo will take it ALL.
Der Leo might first need to rewind the phone answering tape at Corporate HQ.
Another PR by Der leo, and another -5% on the day.
In spite of all the 'Bottom calling', IPIX share price has shown there is still no floor. It keeps collapsing by significant percentages on a weekly basis.
The blame is clearly on management. Not the shorts, fudsters, MM's or MAKO. Yea, MAKO - HA !
Many investors losing thousands $'s while Der leo collects $8K a week + 'expenses'.
The trend will painfully continue -
Excellent Post Mad Max.
Der Leo has cleaned out the Longs and Living Large on his 'Just around the corner' stall BS, while collecting huge salary for his failure to deliver. Free shares and All - the dudes a 'Gordon Gecko'.
Shares going to .50 PS and looks like it won't stop there.
Stick a fork in this pig it's done. No wonder Der Leo didn't want to give the Interim Report - it was bad.
it's a good bet that 'P' data was bad already at the Interim Point, that's why it was not shown. Management hoping for a end tweeking positive result.
As I stated previously; do not expect to see a 'Bad PR' from this bunch (even when there should be). One can only go by the PPS. And it shows there are no pending 'good news leaks', and hence, no buying by Vest Pocket Buds.
The IPIX elevator is going down to the .50's; ALL ABOARD !
Just awful how much is being lost here who 'believed' and have 'boatloads'.
if The Leo can't halt the stock collapse at .50, there will be a rush to the narrow exit gate. The stock must hold @ .50 PS.
However, it doesn't look to me that Leo will do a Buy-back.
At .25 Aspire cuts off funding. Then say; Bye-bye....
Echo, Why do you think leo didn't deliver us the 'P' Interim results after he stated he would ?
Due the historic pattern of behavior by Leo, he has rightfully developed a 'Trust Issue' associated with his name. So The Market doesn't trust Leo, and hence IPIX.
Stock continues selling under pressure. I wonder what Aruda will do with his 9M remaining shares ?
If leo had a deal, his Vest Pocket buds would have been buying today, not the stock losing another 5%. 'The Buds' like a sure deal.
Der Leo stated several times, that he would NOT do a RS.
If he breaks his 'word' and does a RS, then that is a clear sign to Run for the Hills.
Mad Max, You called it.
Leo, as usual, delivers 'Green' to himself, and 'Red' to the long suffering bagholders.
With Aruda and Aspire, with their millions of shares, looking to piece sell into this thinly traded stock, there's not much hope for the exhausted stockholders to break even and get out of this Leo created quagmire. A true Roach Motel.
Only a Hail Mary catch in the end zone with a partnership will break the trend. The odds are stacked against it.
I agree MAX. Could have just been one of the few here with a 'Freighter Load' Averaging Down, positioning for the long awaited Partnership.
Anyone ever answer live the phone at Corporate ?
Nobody (the Market) believes in the 'trial results', otherwise the SP would be over $2+.
What Partnership ? The one that's always just around the corner the last few years ?
Der Leo should use one of his millions $ and do a Stock Buyback on the open market.
Time for the CEO to demonstrate in real actions for all to see that HE has 'faith'.
Go ask him, since your a VPLB (Vest Pocket Leo Bud).
Someone added 100K two weeks ago at .70. Perhaps you will fare better.
Some been Averaging Down since $3.00 and have 'Boatloads'.
Waiting for Der Leo to come through on the 20 CDA bidding war. - HA !
Who painted the Sled on their way out the door today ? - HA !
That's what Der Leo does (omits) when news is not good. SOP for him.
I suspect that the reason we didn't get the 'P' Interim report was for the same reason.
This sled won't hold .50 cents.
BINGO ! Leo's time proven 'style', which he has been consistant for years.
Leo has left shareholders High n Dry, and with a good dose of the Mushroom Treatment.
The pain will soon be over when SP reaches .25 PS, and Aspire cuts IPIX from any further draws from the shelf.
Aspire funding locks IPIX out at further draws at .25 PS.
No Mo fat salary for Der Leo, or for anyone or anything else.
BTW, Where is that pumping wizard from Brooklyn ? And what happened to the PR pump ?
Nothing but a answering machine at IPIX headquarters ?
Where has Der Leo gone ? Will he address the collapsing share price ?
Now's the time for Der Leo to demonstrate 'faith' for all to see and do a Stock Buy-Back. If he's unwilling, then you have your answer of what he really thinks of the future of his company.
IPIX has been going 'down' since $4.95.
You know my opinion.
I sold @ $3.00 when it couldn't hold that number.
I said it was going down to $2.00 at least. Then if it couldn't hold $2., then it better hold at $1.00 PS.
Then stated that if it couldn't hold $1.00 it better hold the floor at .63, because if it couldn't then one last stop was .50 PS.
When everyone was blaming Shorts, MM's or MAKO, the Market was clearly indicating they were not believing Leo.
It's too bad, what has happened here. However, it's managements fault IMO. I saw it coming way back and posted the disaster that would happen. Buyouts or Partnerships are only Long Shot hopes of those who, are in many cases 90%+ underwater now.
Averaging Down turned into throwing good money after bad, as the stock keeps falling with nothing stopping the steady decline to date.
Clearly 'Tests' with two patients are a canard.
Yes, this can go down further, a lot further. It can go down to nothing.
Most here thought the PPS going under $1.00 PS was 'crazy'. I was ridiculed for stating so.
Realize one thing, you have a good chance of losing everything with IPIX.
Al always, it's JMO, but that said it's been a lot more accurate than many others in the just around the corner camp.
Wish you and all the holders all the very best-
-Bunny
I picture Der Leo eating Fugu on his yacht, while getting massaged, all as part of his 'expense package'. The $420,000 he just banks clean.
Too bad his resignation will be too late to save this sled. These low numbers are hitting Stop Losses, perhaps Margin Calls on Margin Accounts.
Then Aruda must be thinking of selling some while the stock is still in it's .50's.
What a sad joke this just around the corner pump sled was.
True, Leo's unjustified enrichment came from the long 'boat-holders'.
Last Stop before collapse 50 cents.
IPIX 'boatloads' sinking in Hope Bay.
Der Leo brought this about with horrible mis-management.
BTW, where is Der Leo ? Anyone hear from him ?
Where is Der Leo, gone Turtle ? Made a dash to Argentina with the loot ? Blaming everyone but himself. This sled is finished.
The Wunderwaffe never arrived in time. The bunker is surrounded and being pounded.
Phase two means zip, as most compounds fail in phase 3, which IPIX has not the funds for. And The Partnership Leo has not delivered.
We are tired of hearing that it's (The Partnership) just around the corner.
Which was supposed to happen in 2016, then 2017, then 1st Q 2018 at the latest.
However, I do understand, as that's all the hype that's left as the share price sinks to Davy Jones Locker, and the only thing left is moving the Goal Posts back yet again at night.
20 CDA's. What a Joke ! So desparate to create a image of a Bidding War.
Dishonest Management.
That's the truth. Der Leo and Menon made millions (for themselves). That was only possible due to the fish who made the 'buy-In', that was monetized by Aspire.
It's Friday and Der Leo collects another $8,000 'salary' for doing a great job delivering for themselves.
The longs ? Well....they get what's left (as usual), the hoofs and the horns.