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Acquisition / reverse merger down the road. An initial drop point for the company to own and then bring it in fully.
Much easier road than going public on their own. IMO.
Under KOAN there is an 8K regarding this ticker. I’m an investor over there.
I am with you. I think Leo is a very bad Bernie and we bought in. He is making way too much money for these results and there is nothing we can do.
He’s selling shares most likely to pay for his and janes salary. He’s made millions off our backs over the years and we just lose.
With newly accepted and submitted patents…there is a long runway of opportunity here.
My burning questions:
1). What is the return on investment for the 4 million we put down on the laser company and when can some of that become liquid? Or is there more to it, like reverse merger etc….
2). What is taking our partners so long for B trials. By now there should be enough data on safety with B to move the needle to get us paid on some milestones
3). Why doesn’t Leo hire another CSO or President with some connections to move B into the spotlight again. Conferences and industry invite only meetings.
Let’s get this back to over a dollar Leo.
I’m with you. 500k plus salary is a joke.
We need results not shared dumped.
This reminds me of Bernie
Yeah. Agreement was in July 2019. Crazy indeed. I think they tweaked formulation to.
1 million payment upon phase 3 start
1 Million market approval filing
3 million upon approval fda
1 million upon EMA approval.
3 million upon 100 million net sales
6 million upon 200 million net sales
9 million upon 300 million net sales.
With 6% royalty sales.
There is a pulse. Lol
Any idea of exactly where B is at for UPS and our partnership? Phase 2 or 3?
I think we get a few million once we hit phase 3?
It’s been soooo long since I paid attention here. I’ll email Leo for guidance as well
Kind of a different PT format. Normally lots of language. This was kind of packed
I just don’t understand how he can take a salary of his size. Everything to date has been a failure. We are now over 500 or 600 million shares outstanding. We lost P and K. So he takes half of our cash and invests into a laser Jerusalem company. How does he pay himself almost a half million a year? How many employees do we have?
Yeah, I’ve never been more disappointed with a company and myself than this one. It was so promising with the pipeline and low float back over a decade ago.
And then it all started to unravel with Dr M leaving, Dr B etc…. I cannot believe Leo takes a paycheck like he does. He has screwed us all and literally make a half million a year for doing what?
He will meet his maker one day and they can square it away
Is it time to start buying again. Only if Leo hands me the keys
That is a good journal. Huge promise and we need to have Leo sign new CSO
Keep the possibilities alive! 34-41% ownership. Could this redeem Leo?
And honestly the fact everyone with insurance can get 8 free tests over the counter. Those numbers now are probably 2-3x more. I know my whole family just had it…my neighbors whole family plus many many more. All of us took over the counter tests and never reported to doctor.
My neighbors mom just passed after being put on a vent for 4 days. It’s still real. I had it real bad initially prior to vaccinations. My wife did not. She just lost taste and smell. This time I was fine she was very sick.
What a crazy virus
I am with you. Leo has never given in and this just follows suit. He’d rather take a gamble than bend a knee and give the keys to someone else.
One never knows though. While we wait for B and UPS to move through the phase 3 to unlock the potential 20+ million from AS we also now have this potential 4 million bet.
Maybe in 2 years this company has 40-60 million in the bank?!?!
Remember:
The Company will receive from Alfasigma an initial payment, plus be eligible for additional payments based on certain milestones, totaling over $24 million, and receive a 6 percent royalty (net sales) based on the successful marketing of Brilacidin for UP/UPS. The agreement also includes a Right of First Refusal for Brilacidin for the treatment of more extensive forms of Inflammatory Bowel Disease (IBD), such as Ulcerative Colitis and Crohn’s Disease, and a Right of First Negotiation for Brilacidin in other Gastrointestinal indications.
We wait with ~ 4 million in cash on hand w very little overhead
We now also wait on our 4 million investment in ……
As we wait we also field interest in B for viruses and BOM
There is a plan. That shifty Leo knows a quick buck when he sees one. Let’s GO!!!
Great. Now we need this 4 mm investment to make 5x in next 3 months so we can start phase 3 for OM
Please head back to the .50 range IPIX
Thank you.
Actually that is 2021
Thanks. Yup. Was only going off of this apps news and docs. Appreciate you Moose
Did they go dark? No Q?
As I’ve said I past. Leo is making investment strides and partnership strides. The hope now is AS comes they with B over the next few years. Now we hope for this new investment to pay off to give us money to start up trials in future.
Keeping us alive and money coming in.
IMO.
I never heard of news about a new proprietary formulation. But it’s not our formula so I guess why would we…..BUT! It is our drug :)
Like I said many moons ago…if I were Leo and loved the poolside, I’d just sit back relax and conserve that 8 million cash on hand and ride out Alfa for the next 2-3 years until it paid us more than 25 million
And if we ever got to that payday, I’d bet more agreements would be put in place for more indications.
IPIX is not dead at all, but it’s now a long waiting game.
IMO of course.
What is happening? Do we have a deal yet? Is Leo a covid long hauler???? Hopefully he is still working.
This board is still active huh!?!?! I personally have nothing to add lately so I’ve been staying away.
Any updates on M/A? Or BOM?
So he can pay himself and Jane for the next 5 years plus release updates on the 10 million.
Lcat. Like I personally said imo in the past. He can sit at his pool for the next 5 years. As long as AS works out and makes it to market that will be atleast 25 million in the bank plus small commissions.
Just stopping by. Looks like same narrative from the same peeps. Interesting. Leo! You alive!? I’d like to hear about that reverse merger
I say just fire everyone. No salaries. Keep the 10 million in the bank and let Alfa take B all the way to get the 25 million
Then we will have 35 million to run a phase 3 OM. No dilution.
Agree! Data is being picked apart currently. Let’s see what it looks like.
Partnership imminent.
Maybe we get a PR stating the same for our Covid trial. Loooooooool
It is bullish, but then the bearish reality comes in that it would take yet another trial with either adjusted dosing or a new delivery method. More money, more time which allows more competition.
I am interested to see the additional data though. It should point the company in the right direction. Can someone please find out if we are moving towards sachets for OM? Leo does not respond to me anymore.
Does anyone know about sachet formulation? Remember? It was going to be packaged like Splenda!!!!!
Thank you. We have some really good investors here and I believe we deserve a little more for our investment and strength to keep soaking up the dilution. I’ve 100% supported this company since 2011-12 and continued to invest as I believe in the drugs
Let’s hope Leo gets to work
I can only take so much of these types of posts. I’ve been here for so long…since 90 million shares outstanding. I am tired of hearing about shorts and Leo is planning on burning them etc…..
Here is my opinion: Leo needs to find a replacement ceo. He needs a veteran bio exec that can bring relationships. We have some prospective science but need to gain industry traction. Leo needs to sit back and collect shareholder value and pass his ridiculous salary to this new leader. Leo has lost all trust by shareholders. To have no plan b AGAIN, after failure is poor. Just like the failed 3 milestones a few years back….
Answer me this shareholders:
What happened to Dr Menon? What really went wrong?
What happened with Dr B?
Is there an issue with Leo and working with others?
Has there been testing on the new BOM sachets? Or are we still in the liquid swish and spit?
Something just doesn’t feel right to me and I don’t like his salary and progress and value he is bringing to us shareholders. I should have sold around 50 and am sad that I don’t see how this turns.
I see a reverse split and more carrot dangling.
Leo is incompetent to close a game changing deal IMO. Maybe his breathe stinks.
Agree but I think the roll out took more effort than us shareholders realize. If you listen to Ceo on the interview I can see that, it takes time to get into dispensary and the just launched their b2c in the past few weeks.
I’d expect steady growth into next Q.
Phenomenal interview.
We should see a 10-Q in the next few days
Maybe first posted Revs?
I dont follow Pete? Compassionate use was used I’d guess a handful of times. Those patients are just like the patients in the trial….IMO but actually most likely further along the road to death….so I assume it is too late for B to show benefit
B needs to be used to prevent or early on in onset IMO.
The data I’m intrigued to see is moderate compared to severe cases and the difference in SOC when used with B
For example - a patient with moderate symptoms that was in the US and partnered with Remdesvir. Let’s see the data on those folks.