Saturday, May 09, 2020 10:29:56 PM
"300Mil float is a "So?" situation.
If the CEO did not take advantage of the current trading and Brilacidin is hissed off the CV stage, some here would be screaming 'LACK of FIDUCIARY responsibility'."
I can understand your dismissal of the IPIX float. Taken by itself it's a pretty meaningless number. As a divisor of the Company's current earnings and book value it's especially meaningless, but it would take on some meaning if the Company has future earnings and values. In that sense dismissing dilution is shortsighted.
As to the issue of the CEO taking advantage of the current trading, he's not. All of the share issuances for the last number of months have been as a result of the mfo exercising the rights their deal, made a year and a half ago and since amended in favor of the mfo, gave them. It's the mfo that has been "taking advantage of the current trading", not the CEO. It's their ball, so no one will be entitled to scream 'LACK of FIDUCIARY responsibility' anyway. If they do, they just don't understand the deal.
The 10-Q for the most recent quarter is due on Friday. If shares have been issued for any reason other than the mfo deal I'd be very surprised, but that's where we should learn about it if they have.
I'm tryin ta think but nuttin happens......Curly
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM