InvestorsHub Logo

Lemoncat

11/23/20 6:32 PM

#334577 RE: wsbc #334574

It was a brutal year for dilution considering we ran a small phase 1 and did some preclinical work this year.

Absolutely brutal. But it had to be done.

Go IPIX!

Jhawker

11/23/20 7:17 PM

#334579 RE: wsbc #334574

Are you aware that ipix doesn’t have any revenues and that they either have to borrow money or dilute their stock. These trials aren’t free. If this makes you uncomfortable then maybe this isn’t the investment for you.

loanranger

11/23/20 8:45 PM

#334594 RE: wsbc #334574

"'Shareholders of record' haven't changed"
Actually it went DOWN from 73 on September 23, 2019 to 68 as of September 10, 2020 and it's not a terribly reliable number anyway...nor is it very meaningful. It doesn't give any idea of the number of beneficial holders so the broadness of the base isn't revealed.
This is the important stuff:
"this year alone the OS has gone from 214M to 355M (give or take)"