Hi, in my opinion, having been invested in Innovus for four years, having read all posts, having read all articles, I would stay 100% the hell away from this scam Innovus, nor would I buy any of their snake-oil products.
In my opinion, the only way you might be able to make some money, is at some point after the merger, shorting the stock, which I don't recommend.
My problem, was that I invested first, after the hype and listened to the pumpers, before I did my due diligence/research.
I should have listed to my gut, when I thought the products were snake-oil and when I heard Dr.Damaj's fake enthusiasm on the conference call, where he literally sounded like a fast talking, hill-billy auctioneer...The fast talking/fake enthusiasm was to con people and get their emotions up.
Any article that states Damaj got the stock price up, anywhere at anytime, does not admit that it was due to a reverse split.
Stay the F out of Innovus.
There is a 1 in a million chance that you could make a dollar back.
If you want biotech, look at these...
ACAD, ATRS and LPCN. Lipocene just failed FDA approval a second or third time, but should get approval next submission for the Testosterone increase pill, which has a few applications/benefits. The share price for LPCN is down, but should only go up from here.
ACAD and ATRS are both on their way up and the only thing that I think might go bad for biotech's in general is if the republicans and democrats start talking about price gouging and going after big pharma.
