InvestorsHub Logo

itwillgetbetter

10/24/13 5:25 PM

#10306 RE: derrickcan #10304

You are correct criminals at best imo.If a buyout occurs by Pfizer it will be legal all above board.No matter what Blech done in prior years there is one issue regarding the Chassman trust that comes to mind.

That is in the childs name the way I understand it.That trust just took a large hit from the SEC 10k filing 10/15/13.

That loss what appears to be around 1.8 million was caused by Pfizers breach and willful misconduct.The trust owed the shares prior to said breach so they sure got a legal claim imo against Pfizer also all others shareholders that owed shares prior during and until its was disclosed a lawsuit was filed for said breach.

Plus all other sharesholders that sold from the time the milestone was announced until said lawsuit was filed also have a valid claim.

My point is they settle with damages or buy the whole making all current shareholders more then whole and they will never admit any fault in the event of a settlement with a C/A agreement.

Then they take there chances on any past claims from shareholders that sold that are no longer Intellect shareholders or the ones that reduced there holdings with huge losses but still hold some ILNS shares.

That is why I said Monumental Catastropic Disaster.They could have paid 2 million dollars owed.They would have no legal issues.I bet they spent 100k or more already with this suit.Now they got big problems imho.