InvestorsHub Logo

derrickcan

02/15/14 7:07 AM

#12787 RE: RoagTrader #12784

The exerpt you posted is to advise whether there are any lawsuits or pending legal issues that might have an adverse or negative effect on the issuing company. In this circumstance the company is ILNS and apparently no one is suing the company.

The lawsuit against Pfe is not mentioned in the 10q and has never been.

How could it be. It is an unresolved legal mattter that can go either way.

I am not saying ILNS will lose, I am only saying that for the purposes of a financial utterance it has no place in this document called a 10q.

mgland

02/15/14 10:54 AM

#12796 RE: RoagTrader #12784

Nice. Appreciate the clarity on that.