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There has to be a payback.
He cannot run away having scammed all of us.
He is ...I better stop here...f..ing idiot
This is a nightmare.
The man really deserves a very hard lesson. Hope there is a karma.
He is a shame and a living example of pure stupidity.
Price action is terrific...volume spike with historical lows...
Close to 1$...RS effect already wiped out.
Where the f...k lives Faildidi...on the moon??
I fear Odidi and his wife are preparing to abandon ship.
We have to be ready to find elements for a class action against the BoD. We go for their personal assets if we can prove a fraudulent behaviour.
Those living in Canada and US: try every source you have to find who is behind the short.
We need the prove the connection between Odidi/BoD and the manipulators.
Will dd it. Thanks !
Just think about Odidi entering ipci buildings everyday and now realizing (??) That those same buildings have much value than its entire intelli.
How idiot is he?
I fear the plan of the manipulators is to force delisting first and Ch 11 after.
They found the perfect idiot for their game
Will do for sure
Common effort - let's work together and find a credible alternative stock to try to recover some losses. Ipci cause is lost
if things prove to be fraudolent I am all-in to go against the BoD and bring the 2 Odidis in court to respond with their personal assets.
Let's see how this evolves.
By thea way I already see some misleading info between the january 2018 update/plan and the recent Hand written prospectus.
Biotech j., I personally wrote Odidi that I believe is shorting against himself because he knows already since September 2017 that company's business plan is unsustainable.
Somebody has to stop him!
He is a financial insult
Boyd is now down around 1mln...can't believe he just stays in to see what Faildidi does.
But with IPCI I've come to believe to anything.
Funny is I have many clients who could buyout IPCI at current mkt cap in no effort...this company has become a joke
mr Idiot and his Genius Patient adviser had likely planned to raise around 10mln...
...now the market is f...ing them and pushing the price towards 1 per share...so they can raise the half of what planned...
maybe the market is gonna force the change ! I see delisting as a concrete possibility cause they cannot prove the susainability for the remaning 12months !!
MKT CAP 6.4mln !!
Company value now = to the Focalin and Seroquel revenue (by the way embarassing)
frefall today as well...bastards
wim, this company is becoming to look more and more a scam !
nothing makes sense the deeper you get.
the fact that they are making a public offering it is terrifying...because either Faildidi didn't want Boyd to be involved (fearing to lose control of IPCI) or Boyd didn't want to double down (which is much much worst).
After the offering Faildidi and Failwife will have around 6.5% of the company...are they planning to abndon ship ?
Some days ago I asked if somebody was able to derive a number representing the real money they put in the company...I am curious to understand what they REALLY have at stake here.
The free writing prospectus is a desolation.
No mention on possible Ragabatin partnership negotiations: it is dead.
Oxy Oral studies STILL to be commenced (I bet they are not going to submit by Q4 2018)
New international markeys for ANDAs will take 12-24 months to come to fruition.
Prodras: no mention of human trials ? Did they made them ? Did they blow them ?
the reason indicated for the shares being underpriced are unprofessional; likely written by Odidi himself.
It is now clear while they asked for the extension: just to raise money via the public offering !! They knew since the beginning that if announced before the end of the 10 days period of consecutive closing above 1$ the stock would have been crashed below 1.
Once the warrants are issued a new wave of massive shorting will begin and the only residual tiny hope is that Boyd decides to step in (and not out)
11mln total buyout for 11m shares seems to become a credible outcome; company will then be split and sold in parts.
Odidi is an idiot, an ignorant and an incompetent.
Starting to think may way out.
But how can he keep control?
He is about to double the n of shares.
I am thinking to look for Nigerian news outlets to give them an indication of where to find the remarkable achievements of their prestigious citizen
Samsa, with a price around 1.5$ nobody will buy 5mln shares @ 2.
More likely @ 1.3
But this won't be enough for them to prove Nasdaq compliance for next 12months (in fact they are not covering the yearly cash burn rate)
So the unlisting is still on the table if they don't have something more...but the won't.
Faildidi is a scam
OXY Oral studies still to be done.
How can they resubmit by end of q4 2018?
3 "confidential" new NDAs in the R&D phase...but why confidential ???
Impact, where do you find the courage to write again here.
You have been fooling around all of us.
You are one of those sharks shorting and covering with offering.
Please..a little respect
Angelo, that would be extatic...but why the need of such a huge offering if that was in the work?
Well, if he bought the offer we make a tenfold overnight.
Probability of that happening??
0.001%
And does he need a public offering to increase his ownership?
He is just another fake CEO who find the way to live on shareholders money
Pennyland is the next step??
With almost 5mln new shares we are going towards a 1.50 price.
And nobody with a little brain could do something like this if he has something about to be delivered
-20% ... By the 15th we are below 1 again
as soon as we get back to below 1. we could see a total buyout at around 10mln and after that the company sold in pieces and Faildidi kicked in the teeth.
we can hope only for a miracle.
short interest increased
RS done
New offering: about to happen with potential huge dilution
Offering is public and not private
Faildidi and Failwife not buying a single share
if they had a partnership around the corner many of the above wouldn't make sense.
Ok..true...Faildidi is nonsense in person !
likely, but with that number of new shares he will get kicked in the ass when new shareholders buy....but that will happen only after a new roun of shorting down to below 1.00 $
wim, honestly I don't understand it....it is clear we have now entered the toxic financing phase
and here we are...2$....old 0.20$ Down from 30$ (old 3$) back in june 2017.
FailDidi...f...k you !!
And ....1$...here we come !!
Purdue Litigation
"On October 4, 2018, the parties to the case mutually agreed to postpone the scheduled court date pending a case status conference scheduled for December 17, 2018"
what's your take SAMSA ?
Anyway, by december aren't we gonna be crashed to the wall by this pace ?
Clearly ready to f...k us all.
He has a strategy to steal money in a consistent way.
He will end up winning...is himself the big shorter?
Noone sane would do what he has been doing with his company...unless you have second ends
Short Interest Strongly UP !! as of 14th sept 2018:
from 228K shares short to 277K, or up 21%
we are now close to the all time high reached in sep 2017 after the magic performance during the AdComm
Anybody as a substantiated idea of the total amount FailDidi and Failwife invested in IPCI ?
I would like to have a rough estimate of the money they have been put in since the beginning, less salaries, bonuses and interests on the 1.5mln (now 1.2) continuosly rolled debenture.
Do they really have much at stake ??
And who has been behind the big short interest (long time position) which was recently increased substantially ?
Right,
but FailDidi will end up loosing his toy...and that's the only thing he has been caring about.
How could he tolerate to become just a lab phisician (as he really deserves) and take orders from someonelse?
tilator, also very interesting would be to know who bought the big passive position UBS had some months ago...for sure it was not done on the open market.
But there was no one single new big shareholder showing up after UBS sold off...same for theover 1mln shares (equal now to more than 100k shares) disposed by Anson.
wimusky, I believe you are referring to e-star capital nickname (or something very similar). I remember as well him writing that Patient gave him some info.
Now the question is: will Faildidi be able to maintain the control of his company after injecting new 7.5mln shares ?
Guess and hope the answer is NO.
Maybe we will finally see a management change with a new business plan broght forward.
if we see Armistice double down OR a new bigger buyer ...we may have some hope.
we just have to understand which (IF ANY) defensive moves Faildidi has to prevent the change of control.
after the massive dilution, even considering his potential recent debenture convertion (@ 3$), Faildidi Holdings will reach between 6-9%; how can they possibly keep control ?
If they don't deliver a partnership in the next 10 days they really deserve to just be in the lab and watch 40 employees being laid off.
The only thing we are going to squeeze ...is a piece of s..t!
Sleep well Faildidi
Yes, the major shareholder (now owning 75% of the company)...very like Odidi's style