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Each of the 7 Companies you listed have

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loanranger Member Level  Saturday, 05/09/20 10:29:56 PM
Re: A deleted message
Post # of 311742 
Each of the 7 Companies you listed have revenues and net income in the BILLIONS. I suppose there might be some value to relating those numbers to their floats and share prices but there is no value whatsoever to comparing their floats to that of IPIX.

"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
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