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Re: Jinvesting post# 8651

Wednesday, 02/17/2021 4:28:43 PM

Wednesday, February 17, 2021 4:28:43 PM

Post# of 9558
Jinvesting, MHTX is at last count, the top holder of IBX stock and was their former parent company, holding 55.6 million shares at last count. They were a subsidiary, (Senior Scientifics), of MHTX for about 9 years with over 12 million in research through them put into it. They formed it into it's own IBX company about 4 years ago in Australia starting at 20 cents per share. The main reason it was formed down there was because their government does not have enough regulations as the US does. The other reason is due to the huge tax incentive that they get from the Australian government of about over 2 million dollars per year now. PS: the inverse relationship is due to short sellers.