The reality of the situation is IPIX is out of cash and in debt to the tune of millions of dollars that of which is growing at 18 percent interest. Calculate the monthly interest rate on $1-2M at 18% and the picture becomes clear. IPIX will file bankruptcy. IPIX will be dissolved. The CEO will retire. B will go back to its owner and will sit on the shelf where it belongs. We have not seen the contract w/ laser boys, so there’s no telling how that will shake out. Regardless, pumping bagholders such as yourself are fucked.
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