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Probably he put it there. $DBMM
Hmmmm You ain't kidding very true. 11 months today from PFR filing.
Right but still not a single Opinion delivered since Sept 14th/20. What they are doing is relatively easy and frankly junior work not necessarily needing to be handled by the commission. This is the sort of thing that totally bogs down the system.
Yup BARDA would need to get involved with some money. And I would think any other country's looking for supply would simply need up front payment. Question is if 2 CMO's can handle the orders when/if a perspective trial passes as we hope it will.
No one is denying past issue's on the filings. Correct that is why we are here but my point is at the time of the hearing on Nov 12/19 the filing delinquency was cured with Audited fins yet SEC Enforcement proceeded in a manner and request repercussions that were only suitable if the Defendant was still delinquent.
This is the entire issue no penalty as requested in the SEC case against $DBMM is/was suitable so others coming up next just need to file their filings site $DBMM as their precedence and should get away without penalty going forward. This is what has SEC in a pickle no one is saying they didn't do what SEC said they did but the penalties they asked for were unsuitable.
This is all about Precedence going forward.
$IPIX fingers crossed for sure. There is no avoiding the fact that the worldwide case numbers need all hands on deck this Winter wave is proving horrific.
$DBMM Facts are clear.
SEC Enforcement botched the case asked for Revocation and Delisting of a stock which was at the time of hearing Fully Reporting on Audited Fins.
SEC Enforcement should have taken that into consideration and asked for a fine as well for passed delinquencies they would have gotten it likely.
SEC Enforcement had 20-or 21 days to return a PFR which they did saying ALJ botched her ruling which she did not because the case was presented in a manner that that ruling was correct. Yes they couldn't even get the PFR right.
SEC Commission is faced with he task of confirming ALJ's decision (the correct one) based on the merits of the case set forth. Or delaying for eternity while they jump over $DBMM's right to a speedy summary affirmation decision requested by Attorney for Defendant Dec 20/19.
SEC Milking Pandemic delays while addressing cases submitted later in the calendar year. SEC is guilty of trying to rig the decision IMO.
Corruption, CYA, and incompetence reigns supreme at SEC Legal.
Innovation Pharmaceuticals Receives Pre-IND Response from FDA on COVID-19 Trial
Company finalizing Brilacidin protocol; clinical study anticipated to commence in 4Q2020
WAKEFIELD, Mass., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Innovation Pharmaceuticals (OTCQB:IPIX) (“the Company”), a clinical stage biopharmaceutical company, announced today receipt of written feedback from the U.S. Food and Drug Administration (FDA) that is in general agreement with the Company’s planned clinical trial for Brilacidin, a defensin-mimetic drug candidate, for the treatment of COVID-19. The FDA response completes the Pre-Investigational New Drug (Pre-IND) process.
The FDA provided feedback on clinical development plans for the evaluation of Brilacidin as a treatment for COVID-19. The Company is now incorporating this feedback and finalizing the trial protocol for its planned Phase 2, randomized, double-blind, placebo-controlled, multi-national study to evaluate the efficacy and safety of Brilacidin in hospitalized patients with COVID-19. Target enrollment for the trial is 120 patients. Contract Research Organizations have been secured to expedite trial enrollment with many clinical sites expressing interest in participating in the study. The Company anticipates commencing the Brilacidin for COVID-19 clinical trial in 4Q2020.
“Getting to the point of being able to advance Brilacidin as a potential treatment for COVID-19 required an enormous amount of time, resources, and team effort,” commented Leo Ehrlich, Chief Executive Officer at Innovation Pharmaceuticals. “From the manufacturing of drug supply, to researching Brilacidin’s mechanisms of action in vitro against SARS-CoV-2 in infected cells, to now preparing and planning for the COVID-19 clinical study—was an extraordinary effort.”
Ehrlich added: “We are extremely grateful for the hard work of our employees, consultants and affiliated researchers. While no one can predict with certainty how Brilacidin will perform in clinical testing against COVID-19, we are optimistic based on the compelling preclinical antiviral data we have released and Brilacidin’s consistently successful results in other clinical trials. Our hope is Brilacidin for COVID-19 can be an important part of the solution to help rid the world of this deadly coronavirus.”
$DBMM that is where some just don't get it it is 100% revenge like it is all about SEC Enforcement screwing up the case and once Final Decision is given in $DBMM's favor there is now a Precedent set for other company's going forward.
$DBMM thank you someone gets it! SEC Enforcement totally blew the case used Precedent's that didn't apply to a company that was at the time and until now Current Audited.
If they had requested a $50K fine for past misdeeds I bet they would have been granted the punishment but they requested revocation and delisting. As they would do on a Non Filer delinquent on filings at time of court case Nov 12/19 and prior.
PFR was submitted and used other precedents ("Lets appeal and use other argument")
News Flash Commission is reviewing Froelak's decision and will find as the case was presented this is the correct outcome. "DISMISSED"
SEC Enforcement is engaged in a Cover Your Ass Move by trying to move the goalposts.
$DBMM FTW
$COUV almost there 1 more disclosure for Sept 2020 Q and likely another Legal Opinion Letter and OTC Pink Info.
Well first test of Dates for SEC was Oct 12th 11 months from ID and Dismissal. Nada!
2nd will be Tuesday 11 months from Dec 3rd PFR.
SEC Guidelines say 7-11 month for Opinion decisions. (They also say it can take longer) SEC always with the CYA technique ---- slackers.
Congrats but Pink is the move we want not there yet you are right about Current Audited Fins though.
$DBMM
Ha Hope So $DBMM time is coming.
No Opinions of Commission issued since Sept 14th not only are the SEC Commission dragging on $DBMM they are dragging on every single pending Opinion. All they have done is mostly extensions for 1.5 months.
Tax dollar hard at work. Staggering show of lack of efficient use of time and inability to preform the tasks which they are placed there to do!!!.
$VISM Liking it MOMO what's up Brother been a minute! Loaded up yesterday.
Interesting point general talk for a bit if you will. I have a friend in NYC has an advertising business and he has mentioned he doesn't have time to do anything else. COVID has produced a big boost to company's in the Advertising space face it everything is Virtual or Digital now. Advertising is a boom industry right now.
$DBMM ok so it does apply.
SEC Commission has issued Zero Zip Nada opinions since Sept 14th.
They profess to be in the business of keeping orderly markets. Yet their schedule maker seems to be doing things in no order whatsoever.
Any worse at this and they would be considered a Government entity!!!!!!!!!! Oh Snap they are well asked and answered then.
$DBMM getting skipped over because SEC doesn't want to do what is obvious.
Admit SEC Enforcement screwed the pooch of this case and SEC Commission must uphold the ALJ's ID and confirm in Final Decision.
New Precedent will be set and this case will be used as reference in numerous cases to come alongside their precious Gateway reference. Just won't be them using it it will be the Defendants using $DBMM.
This is a massive M/A $IMUN
Thought you may have been looking at the fact it would be 11 months on Nov 3rd that the PFR was filed by SEC Enforcement.
Guidance for decision was 7-11 months. Although they say can take longer because SEC is filled with overpaid fat cats doing the absolute minimum but have strong legs to kick things down the road.
$DBMM's day will come.
I don't see it was there no PFR submitted on it?
$DBMM tier change is the reference.
$DBMM Similar situation on $LBWR today ran on tier change this AM
$DBMM Monday = 11 months since ID Dismissing OIP was granted.
$COUV seem to be bouncing into you a lot these days. Liking what I see here lets bang out another winner here.
$NSPX PM Gap Slaps. Buckle up!!!!!
That is the thing most of us were out but recently reloaded blindly. Lets see what this does last time was parabolic.
I added 38's this week. Glad I did. Should open with a boom.
Last run was epic. Post RS run inbound. Should be good.
Well that was a close from hell.
No Idea. Hope not Lazzar is a hoarder for custo's. Would prefer a Synergy Management type petition. Benjamin Barry is solid and knows what he is doing. But it is all speculation I don't have any clue what is happening.
Just has to be a reason a ticker with filings so delinquent gets a tier change. Got to wait for it.
Lotto's are like that.
IDK I am thinking Custo. Pre announcement load.
It is OK has to happen glad we got the Gap Fill out the way as well. $ENRT
$ENRT Insider with the free press nice!
Nice buy any weak foolishness transfer into strong hands. $ENRT
Little shake and shimmy. $ENRT too strong
GM $ENRT
Extension on a case today with ID issued and PFR filed that started 2014.
That sucks.
Big buying on 4's taken out and quickly reloaded. SMH....$JPEX
Not from me I am holding for whenever they do some updates or filings just sitting tight for now. Company feeding you all the 3's you want.
Agree least they could do is update us on why shares are coming. Needs direction not blind dilution.