Tuesday, May 08, 2018 9:58:51 AM
we have a positive PR but nobody is willing to buy a stock with a possible pending delisting.
Now, why let the stock crater if you are working on something ?
If in the future ipci will inform us that they have already initiated Prodras studies, why not informing the market?
Putting out a list of accomplishments at the beginning of the year and then not updating on anything while the stock goes from almost 1.00$ to 0.3 is not common practice for a listed co.
Discovering about possible projects in China via some twitter pictures and then having to wait several weeks before the company decided to mention something about China is not the way a listed company relates with shareholders.
Raising equity via offerings with a PR which says the cash is needed for company basic functioning while using it for strategic projects is plain false and misleading.
IPCI has an enormous potential (reason I am still invested) but the management is just not good at his job.
Wherever the price is going to end in year from now...it would have gone at 3x with a decent management...I believe everybody can agree.
let's hope they stay listed...
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