Replies to post #7026 on Intellect Neurosciences Inc. (fka ILNS)

[nsomniyak]

I am long ILNS and hope we will do well, but I have to say that the shareholder letter appeal calling out "a few shareholders who for some reason are not invested in the long-term growth of the company" is one of the most pathetic things I have ever read (and I have bee around iHub for 10 years, so that is saying something!).

Either management cut them a deal where those shareholders gain a mathematical advantage by selling/converting, or there is no "locked in profit" situation but those shareholders are not convinced of the long term prospects of the company.

Clearly Chain has a few individuals in mind. If the story is so good, he should be able to convince some other, more friendly long term players to put up enough to buy the bad guys out.

Do it. Don't waggle your finger at a few unnamed individuals and blame them for the stock not moving.


EDIT: oops - meant to post that as a new post, not a reply. Post was not targeted in any way at cablejohn...

[itwillgetbetter]

You make a valid point.I read it as DR.Chain is being wore down having to explain no telling how many times a day to shareholders by email,phone.

He is doing everything he can to fund what is needed and if you look at the o/s it remains the same for many months.He made alot of progress regarding the company since Pfizer reneged.

No doubt they new the failure to pay would put a world of pressure on Chain.They hoped it would be the SPEAR IN THE HEART to Intellect,Chain.

Again the public should be outraged.All it done was slow down many advancements and its impact of human diseases.