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Monday, April 30, 2018 12:54:23 PM
1. ATM and open offerings were discontinued and replace with private placements. I believe this was done to combat the buyers of previous offerings as they were using these to manipulate price. They were getting inside info from offerings brokers. They also know well in advance when offerings were coming. This allowed them to manipulate. Anyone want to guess who was buying these offerings and manipulation price?
2. Boyd was sold shares to protect IPCI from this group. Boyd was hand picked by Odidi to help him get through 2018. If Odidi did not sell to Boyd, IPCI was at risk for a hostile takeover. Now with BOYD in place and on board with giving Odidi time to execute 2018 events, hostile takeover will not happen any time soon.
These are just my theories as I know none of this for a fact.
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