Intellect Neurosciences Inc. (fka ILNS)

[wEaReLeGiOn]

100% concocted bullshit.

The fact is the breach occured and its undisputed!

Now the real issue imo is damages.What is a fair dollar amount for the intentional harm the defendants caused ILNS its shareholders.

Pfizer bought out Wyeth and Elan. Wyeth and Elan made this small "broad-based licensing deal with ILNS. Nothing has changed (other than Pfizer taking over W&E). What I wrote here five years ago still stands. ILNS receiving anything other than a "mercy" payout, perhaps enough to cover their legal expenses, is a much more rational outcome. The stock price is telegraphing a bad ending for rational ILNS holders.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60748312

"Wyeth and Elan for using a portion of ILNS's platform with a 50/50 development of 'Bapineuzumab' by both Wyeth and Elan. I suspect any royalties, since they're described as 'broad-based' licenses would be on the nominal side. This of course is all predicated upon favorable Phase 3 trials for Bapineuzumab, which ILNS has no ownership. This is also predicated upon an assumption that amyloid plaques are anything more than a marker for AD. This is further convoluted upon what basis this mechanism works, insofar as this patent is concerned, and whether it will ultimately lead to defensibility ."