Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agree samba with these yahoos who knows
Only positive right now is Boyd’s involvement. We have a 17m company that is burning 13m a year.
Corporate reorganization is written all over every ipci Wall or should be
Looks like requirements are no less than 21 and no more than 60 days notice is required for special sh meetings
There is another simple reason for the long duration prior to vote - it is required by the company charter or applicable securities laws.
Not to be a downer - just realistic
To this point if true as of some date the value per share will need to be determined and will obviously float after that date.
If this is accurate I see value of between $1 and $2 per share which would mean the cost to the third party is between $50 and $100 mil
I think a merger would make sense - way too much wasted money with ipci
Or it is a reverse split and nothing but the same crap.
There will be a value per share that is subject to vote so we know what we are voting on based on given point in time
What will the value be per share after this shakes out either in the form of cash or new stock?
Tilator
What do you think will be the total consideration to shareholders in a merger?
If merger likely to a Boyd affiliated entity and votes a formality as Boyd, usb and odidi have already agreed.
Don’t forget that podras has received expedited approval status.
Really hope that this is what will occur but need to be realistic regarding who we are dealing with. Only change is Boyd’s involvement which makes me think it could be positive. Otherwise this company does not have a great track record regarding management decisions.
50-50 on positive or reverse split. As I understand it under Ontario laws rs requires shareholder approval.
We will see.
A few strange things probably not coincidence
No volume
Pharmer post on ipci to you and samsa while at the headquarters
Ipci.ca now disabled
Some event to be announced end of this week or early next that is seeking sh approval
Huh - smells of management redirection - how this occurs?
Games players are silent at the moment. This stock really has no other interest without news.
Really hard to tell what is going on.
Tilator
Why do you think it is not reverse split?
They have to have a record so they know who is entitled to vote.
Timing seems to say rs and dilution to meet nasdaq.
Timing as seems to suggest announcement next Friday.
Likely that the high volume weeks ago relates to what the subject of the meeting.
Hard to tell but if spin-off why not announce it now
The filing is only out on the message board
Where is the news on podras? Looks like we may get nothing
Other thing is why not go to the pink sheets. What is worse pink sheets or rs?
Amigo
If you don’t mind me asking, what’s your take on this?
Wish you were right but it’s just simple math
I think this probably related to podras, but what is weighing against this is why no announcement. They know cat is out of bag on meeting. Might as well announce what they have cooking unless it is not material now like a reverse split or bid additions.
I agree with you Sam. A ton of strange activity lately including the new poster this morning who alerted us to this.
Possibilities
Buyout
Merger
Spinoff
New bd seats
Reverse split
Don’t see new bd seats as strong possibility as something larger needs to be done soon to avoid delisting. Reverse split without major dilution does nothing. That would put odidi on street. However timing suggests possibility.
One of first three I think most likely. Thoughts?
What is also really odd right now is total lack of volume.
Makes me think group that usually trades this stock may be in trading blackout due to knowledge of material info
Also who is this French guy that shows up out of nowhere
There is likely a connection between recent ubs consolidation. That group armistice and oddiddi have enough votes for whatever is being proposed.
Often bid can vote on the reverse split without shareholder approval. Depends on bylaws
I don’t know that it requires shareholder approval
Hmm let the speculation begin. Should know within a week what this is all about.
Found it. A lot of good potential in there. Too bad none of it has come to fruition.
All I know Doug is we were promised a podras update in first half of the year and have little confidence we will get it
I was looking for company pr that mentioned first half podras update and can’t seem to find it.
What I’m saying is that the stock may have been put to them - they didn’t voluntarily acquire it. Who knows just speculation based on how the filing was worded.
I would not be surprised to see usb selling off. Wondering is the consolidation was the result of potential puts by the various offering buyers.
Only thing we know is there is a lot of strange activity with this stock and most of it is not positive especially when the company remains silent.
I’ve been thinking does no podras news by end of June mean tests not real positive.
My guess is they never officially announced the start of human trial so they wouldn’t have to announce results if poor.
Those numbers seem about right. Good rx shows generic quetiapine between 20-40 per script.
Focalin is about 3 times as expensive but ipci is obviously getting a much smaller cut.
So it looks like ipci and mnk are only grossing about $1m a year for seroquel at this rate - peanuts
Thanks. Those numbers even if not accurate are still pretty anemic. At least these is a whiff of movement in the right direction
Thanks for sharing. Much appreciated.
Thanks Fabius. Any change in the weekly revenue for seroquel?
Where are you getting that mike. They reiterated price target of $8.00
Fabius
Any movement on seroquel or focalin per Bloomberg?
Thanks for the thoughts.
Has anyone heard anything new from the company about the podras human trial and expectation for timing of results?
Podras will likely require many more trials and a lot of money to pay for those trials. How are they going to pay for the trials?
Are you saying they are planning to license an unapproved product?
Musky
Do you mean first human trials? We should have results soon.