Intellect Neurosciences Inc. (fka ILNS)

[itwillgetbetter]

I don't think people fully understand the gravity of the situation that occured.To wipe out 16.75 million without a single share being converted is breath taking imo.

Then if you look at what Pfizer done to the company ILNS its shareholders and what would have occured (Bankruptcy)due to this ligation pending and the funding to continue it this news is great.

Yes there will be much more news coming just read what was stated today.I sent Maza a email stating job well done.

You just got a change in control of this company.All that past bad news is history regarding certain major playeers.They just gave up 2/3 if not more of there holdings for zero and the company was able to issue less shares and get 1.2 million cash to go forward.

I must point out that the 2 million that Pfizer reneged on would have done alot for ILNS.It would have brought millions of investment captial into the company however this cleary shows just how much damage this breach caused.

It clarly shows the internal damage cause by Pfizer Breach.

I think the sec filings says 115 days.Knowing Maza he will use everyday.As always he files on the last possible day or to me he does so this may also play in the equation.