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mkaiz

02/17/14 8:44 AM

#12817 RE: derrickcan #12816

If chain is back that would be the best news we could have hoped for ,liked things a lot better when he was running the show
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qotsa55

02/17/14 9:34 AM

#12818 RE: derrickcan #12816

They have Intellects ticker symbol as ILNSD...which would mean this information is from when Intellect had their 1:50 reverse split. Chain is not back and is never coming back. I really don't understand why people here would want him back anyway. He screwed the investors here over way more than Maza ever did. He secured an antibody that is ready to start phase 3 trials for alzheimer's for himself while he was the CEO and CSO of Intellect, and then started his own company. Why wouldn't he secure this technology for Intellect. He received funding somehow for it, he could have secured it for Intellect. Also I feel he mismanaged the 6 million that Intellect received from Viopharma back in 2011. Instead of using that money to further advance CONJUMAB, he bought into TOC1 and TauC3. RV03 could have been bought along faster as well if the money had been there. Chain also was saying in a Press Release in Feb of 2013 that he felt the stock price was low because of a few sellers, and during the time he was saying this he was securing new technology for himself so he could start a new company that is in the same field and would be in competition with Intellect. I'd call that a pretty big conflict of interest. All just my opinion...GLTA