RXMD Management partner
Iliad Research and trading L.P. is arguably one of the most prolific so-called “toxic lenders” currently operating in the realm of small/micro/nano caps.
Several of the companies Iliad Research and Trading has been involved with raise several red flags. Examples include: CYDY and INPX.
Since 2016 Iliad Research and Trading has been involved with approximately 28 different companies. The vast majority have since experienced significant decreases in their share prices, in some cases greater than 99%. The average annualised rate of return for 27 of these 28 companies is a horrific -49%.
Intro:
Another investor warning another prolific third party… prolific for all the wrong reasons. We believe it is important to highlight such entities in order to ensure the trading and investing community can make the best possible decisions when it comes to choosing their portfolio. This time around we present to you Iliad Research and Trading L.P. If you are a small/micro/nano traders and take the time to look into financial filings (which you should be doing!!!) you will have likely come across this name. We must emphasise that this article is no way accusing Iliad Research and Trading of breaking any laws, regulations, duties or contractual obligations, we are simply highlighting how this entity finds itself repeatedly involved with publicly traded companies that exhibit highly dubious yet somewhat predictable share price behaviour. We must also point out that we believe that Iliad Research and Trading along with other associated entities are arguably among the most prolific so-called “toxic lenders” currently operating in the world of penny stocks and consider its name showing up on any company filing a big red flag.
Despite our best efforts we have been unable to find Iliad’s website. However, the same cannot be said about its manager, John. M. Fife, who happens to have his very own webpage (1). Mr. Fife is a Harvard Business School graduate with extensive experience in “venture capital, private equity, and mergers and acquisitions”. His flagship entity is Chicago Venture Partners (CVP), which he founded in 1998 and today is a “leading provider of capital to small capitalization
"You are about to enter another dimension. A dimension not only of sight and sound but of mind. A journey into a wondrous land of imagination. Next stop—The Twilight Zone."
