Innovus Pharmaceuticals Inc. (fka INNV)

[awaitingamove]

Problems become weightier
As the year nears its end. The most anyone can think of is that 2nd qtr with the high expenses. Nothing since then to show otherwise. As the saying goes.."You can be profitable while digging yourself into a deeper hole of debt...
The first of the year brings challenges and the problem is that is when they need a big influx of cash. By telling you that their intention is to become profitable by years end they cannot be held responsible because they said it was their goal. Never they would be as a fact.

Marketing has its cost...raising cash has it's dilutive effects...low pps at the time of the cash raise is horrible, causing even more shares to be issued at discount prices and with warrants...a company who has proven not to be able to become profitable and does an R/S is then really ripe for shorts to make a ton of money.

The pattern of people saying good things about their company but never being able to deliver positive cash flow is what you judge a company by. If Damaj can show how he WILL get there and backs it up then fine. But for now all i can see is futher losses and a huge need to raise cash again and dilute the shares futher or a R/S