Registered: 1429573934 Posts: 555
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Odidi and Patient have not been returning calls to existing shareholders for some time... Everyone was asking for an update... But nothing until they are trying to sell a ton more shares... Then we hear about three new confidential NDAs. What a scam! They have Regabatin NDA that has not advanced in years... At the start of the year they said this would be partnered mid year... And still nothing... Now they claim to have three new NDAs that are confidential and not partnered. I hope people that are considering buying this offering are taking this with a grain of salt. These are nothing more than bait to sucker in new shareholders so that Odidi can get his $10M and keep the doors open until March 2019. With this offering Odidi will in fact wipe out all the cry babies he refuses to talk to now. Bring in a bunch more sheep, make promises and continue the con with the new sheep for a few more years. Lastly, this offering is going to sell so low, he might not be able to regain NASDAQ compliance by October 17th. But that us secondary to him. He says it is for NASDAQ compliance but it is just operating capital for him to do as he pleases. And if Odidi believed in the company, would he not be buying a large chunk of the offering direct? We know the answer to that, he never invests his own money in IPCI, he just loans it them at 10-12%!
Registered: 1429573934 Posts: 555
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Pharmer- No doubt, we would have been better led by Jim Jones
Registered: 1429300499 Posts: 692
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guys, we've been lead by Jim Jones already. There is nothing left but to drink the cool aide. At this point, That PR free writing they put out Friday just sealed our fate. They came right out and stated that the earliest revenue is not expected for 12 to 24 months. and then that's only from Foreign markets. Nothing mentioned about partnerships, nothing mentioned about licensing opportunity's. As you pointed out Wim, the only thing they reported news was 3 more NDA's , which have no name , no drug associated with it, why because they are nothing more than a concept at this point. The fact is, we have had Regabatin out there since 2015 waiting on partner. Rexista has been waiting even longer. clearly, with this public offering even Boyd doesn't want to buy more or else it would have been a direct offering. And for Pharmer to say a new leader is coming. there is no reason to think that will be any better. We see what that means. In order to become that leader they must slaughter us. why should we pick a new person to follow, they are only slaughtering us now. Most likely because Odidi can't be worked or reasoned with so they feel they have no choice. But we have heard that before. They had a choice and dd not take it. Didn't we hear this same thing back before the last annual meeting? that this group was going to save us? that they were going to talk to Odidi and if he did not work with them, they were going to oust him at the annual meeting?
well, Ironically the price was equivalent to $6 a share back then. Had they actually worked with the sheep and pulled all the votes to oust him back then we would already be on the road to recovery. But what plan was chosen? leave him in and run the price from $6 to $1.50. its like being given a choice, who do you want to follow. A demon or Satan himself?