Intellect Neurosciences Inc. (fka ILNS)

[RLSJ84]

JUST A PULL BACK RIGHT?


Well KB just because I havent posted here doesnt mean I havent been holding. I post on Yahoo Message board under the name WONHITONEDER.

Sept, Oct, AND Nov the company has sent out a letter to share holders talking about partnerships and final drafts of phase 1.

There has been no partnership and then all of a sudden on Dec. 17th they put out an 8-K that basically said they were getting financing in the amount of 1 million bucks that would ultimately convert warrants from the financing into 4.8 BILLION shares of common shares.

THEN in six months totally wipe out common share holder equity by 98% by doing the 1 for 50 reverse split. So not only has my equity gone down by 60% but now I will lose 98% of the shares that I have.

All because someone gave them a million dollars.

Sorry but this is not going above a penny ANY time soon!!!!

And as far as you being gone in a week or even today. you will see. Once people realize that this isnt going up there will be a panic to sell their shares to avoid losses or make minimal gains!

Riiiiiiight...Im going to be the cause of momentum not returning!!!



LOL!!! Ok