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Re: None

Saturday, 09/03/2016 9:27:25 PM

Saturday, September 03, 2016 9:27:25 PM

Post# of 20617
At the top of the iHub page apparently some moderator wrote

"Prior to joining Innovus Pharma,

Dr. Damaj served as President and Chief Executive Officer of Apricus Biosciences, Inc. (NASDAQ: APRI)

where he helped move the company's stock price from

19 Cents to $6.00 !!


(Uplisted from OTC to NASDAQ)
"


When I put the time range in which Dr. Damaj was CEO at APRI ( Dec. 2009 - Nov. 2012) into the Yahoo interactive Chart I get this graph:


http://imgur.com/a/zt3DQ


This doesn't show a price movement from 0.19$ to 6.00$.

In fact, what you can see in the graph is that on June, 21st 2010 a 1-to-15 reverse split was executed (annotated by that "S" icon at the bottom). Whoever thought that Dr. Damaj pushed the share price from $0.19 to $6.00 by its own effort was posting wrong information. He used a 1-to-15 reverse split to achieve this goal which makes it a much less noteworthy feat.

I think the way this information is currently presented at the top is highly misleading and I encourage the moderators to revise the text please.

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