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Alias Born | 02/04/2004 |
Wednesday, December 13, 2017 10:46:00 AM
Agreed, the fact they stopped doing investor presentations last January and tap into zero media exposure whatsoever from the 100's of bio journalists, bloggers etc out there on a daily basis is beyond alarming...because if they won't devote any time or resources whatsoever into even attempting to present their story to new potential investors then they're basically doing nothing in order to attempt to help get IPCI through the severe market apathy phase this stock is suffering.
It's almost unbelievable to me that a company on the verge of delivering a +200% increase on their YOY revenues from $2M in 2016 to $6M in 2017 and completely on track to deliver an absolute minimum $10M in fiscal 2018 revenue is now priced for total and complete failure barely clinging to a $25M market cap valuation.
But if no-one within IPCI's executive mgmt. roster cares enough about the share price or lost market confidence to even attempt to reverse course...it's little wonder that this company is priced for total and complete failure with a constantly eroding sub $1 share price.
It's mind boggling to consider all the things that have gone so wrong over the course of these past 4 years and instead of mgmt. taking the bull by the horns so to speak and implementing drastic and necessary changes on how their still evolving story gets portrayed to market they continue to do nothing.
They're like a boxer who got knocked down and chooses to stay down on the floor instead of even attempting to dust themselves off and get back up!
And my final point is why not fire their NYC IR firm and bring in some fresh IR blood?
I'm pretty sure there's not 1 single core retail shareholder who has anything positive to relay from their interactions/exchanges with IPCI's NYC IR firm...and if IPCI mgmt. can't see that that's 1 immediate change they can and should make to at least start to attempt to change this stocks perception they really have become so detached from reality that there's little hope of them ever presenting their story to market in a remotely adequate fashion even if they eventually do find a way to survive this current market apathy phase sigh!
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