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AmigoMike

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Reply with quote  #16 
Fabius,

Typically the approval letter has some of the history of the approval process included.

The last I looked yesterday, the approval letter PDF hadn't been posted to the FDA website yet.  I'll be looking for it.

https://www.accessdata.fda.gov/scripts/cder/daf/index.cfm?event=overview.process&ApplNo=201272

Amigo Mike
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wimuskyfisherman

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Reply with quote  #17 
I see those pumpers have really helped boost the price so far. It sure seems to me that the pumpers only help facilitate short selling.

I see Impact is saying PODRAS news is coming out. PODRAS is the biggest con from Odidi. I was told directly by Patient that PODRAS human test results would be out in June or July 2018. They never released those results. So I guess they were not good enough to release. So how does IPCI now have an immediate release Oxy IND candidate that incorporates PODRAS? The answer is simple. They do not. But the Rexista HAP results are not good enough for approval and Odidi needs a new project to work on. And at least make it appear he is working on something. So he can put on his shark skin suit and travel the globe and say see what a successful CEO I am... I bet the end of 2018 comes and goes without a refilling of Rexista NDA. Mark my words on that one.
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AmigoMike

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Reply with quote  #18 
The guy CJ is hilarious.  He's making money flipping.  LOL ..... guy is full of himself.  On one hand (last night) the stock will be .60 in the morning and then dollars ...... today ..... flipping for pennies ..... but now holding for Nasdaq news.  Absolutely hilarious.

I didn't say the pumpers were going to cause the price to go up.  I said you need them to bring money into the stock.

Anyway .....
Nasdaq announcement. 
CFO announcement. 
HAP studies. 

What else ????

I think someone is squeezing every last penny here ...... I wonder if a reversal is on the horizon here.
Tossing in a few bucks here at .3547.
Amigo Mike
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wimuskyfisherman

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Reply with quote  #19 
If you consider the realistic float to be about 23M shares. IPCI would have a market cap today of about $8M. I am guessing that is pretty much the cash they have in the bank right now. Amigo- let me know your thoughts on this and the ne IND.
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Samsa1

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Reply with quote  #20 
Amigo, Its not that I think all these PR's actually were good news.  I agree they hold very little value.  However, this is what I have been saying about manipulation.  the price doesn't go up on good news because , as we know, they didnt provide immediate value.  conversely, The so called bad news was NOT bad news nor unexpected.  The day they announced the regaining of compliance, we didn't go up in price because it was pointed out in the letter that while we were, we were not in compliance !  For 30 days we never hit a dollar.  so why drop 39% ? that was already built in to the price!   it has been ever since the dilution.    So my point is, we dont trade up on so called good news but we trade down on what already a known fact ?

My guess is someone just wants to delist the company and they are doing a great job.  and ruining people in the meantime.   as for needing pumpers to get the price up.  I do not get nor agree with that.   You say, that the PR should not drive up the price because it adds no value.  Yet you say its good to have pumpers who are spewing those same things and thats good and needed?   honestly, what I am afraid of those pumpers is allowing some other unsuspecting sole into this quicksand.  I hope to save someone else from the horror that I have experienced.  The further we go down its getting to the oint I do not even see us getting back to $1!  let alone anything above.  They will refile the NDA and there will be some excuse that we do not even see $1.  probably because we all know they failed at adcom and therefore its a given that it will fail.   There is always a reason to bash good news it seems.
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fabioulous

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Reply with quote  #21 
Odidi is ruining all the shareholders. Odidi is just a disgusting arrogant.
Manipulation just understood they are dealing with an incompetent idiot...so easy game for them.
Pharmer is an active part of the manipulation, very disturbing behaviour towards us...but the real s...t is not the manipulators ...is the Nigerian guru
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wimuskyfisherman

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Reply with quote  #22 
Fabius- I agree. All of the blame is on Odidi. He made a deal with the devil with who he aligned himself with for financing. If he would have delivered, they would have been happy to take price up. But he hasn't delivered anything for many years but bad news and failures. Thus, they are taking him down. At this point it is obvious that someone wants all the tech and approvals on the cheap. I think it is Boyd but who knows.
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AmigoMike

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Reply with quote  #23 
Samsa,
Don't feel bad for pumpers. They are some of the biggest thieves in the market. They buy before pumping ..... Then start running their mouth and their minions follow like lemmings ...... And while they're still touting, they are selling to their minions at the same time. Wash, rinse and repeat.

What "DD" has Bernstein and CJ brought to the boards?? Zero. They brought volume. That's it. They deserve to loose money so don't feel bad for them. LOL, the latest is s buyout. LOL. Hilarious. They'll say anything. Save those that need saving but that isn't the pumpers.

The recent PRs .... There was no good news. Its just noise that has no immediate impact as the market already knows there is no value. A NASDAQ delisting though ... Has immediate impact. It's going to take announcement of Odidi being replaced or deal that involves cold hard cash to drive the price up.

As I've stated before. .... To me the action indicates knowledge of a further negative event. I think it's the HAP studies are not great which would likely kill the NDA resubmission. The IND submitted .... Well that's just to get approval for clinical trials costing many millions that IPCI doesn't have. No partner, it's not going anywhere. See Regabatin.

So ... What good news has been released here. FDA approval is always good but when you can't sell your candidate .... Well ... It ain't worth anything until you can.

I still think there is a bounce in here somewhere. But with Odidi ....

Amigo Mike
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AmigoMike

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Reply with quote  #24 
Wimusky,

How do you arrive at a float of 23 million ??

I think the outstanding is quite a bit less than that. It was only 4.35 million outstanding on the split date.

Amigo Mike
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wimuskyfisherman

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Reply with quote  #25 
Amigo, 

I am counting pre-funded warrants. So:

4.5M post RS shares + 2.7M offering shares + 16.5M pre-funded warrants = 23.7M shares

The pre-funded warrants were already bought and paid for 74 cents each so they will be exercised for sure at 1 cent.

Lastly I agree that the HAP results must be bad. What other reason would Odidi have announced IND for IPCI0006? I think that IND is Odidi trying to hoodwink everyone he is actually working on a viable project that could produce revenue. When he clearly is just playing in the lab as always.
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Samsa1

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Reply with quote  #26 
Amigo, I did notice people like Bernstein and CJ have thousands of followers.   I believe you are right that they pump hoping to sell to their Minions.  It is actually them that I am trying to save.   If anyone following them checks in the boards I can at least counter their BS.   There may be no hope for me, but I can use what is left in my life from allowing someone else to fall prey to this .......well, I must watch what I say lets leave it at that.

As for your comment, that the recent action indicates further negative news.   My god.  I sure hope you are wrong, but I must say, it does not look good.   The recent PR's seem to be more desperation to save the Share Price but as we see, its amounting to nothing.  Nothing is helping.    we waited what 2 years for the next approval and we got zero out of it!  actually I lie, we lost another 20%.   The only thing I can not figure out is how someone like Boyd allows this to happen without being as upset as I am (and others) and doesn't say enough is enough and start making some real changes. 

and pharmer, you say you own so many shares 4.99% spread out in what 5 accounts I think it was.  OK, you know I for one took up for you.  when we were sitting at $2.50 and said to your minions cover, I asked you why is the price going down and you said to be patient.  well, I am still being patient.   So my question to you is what the "F" ?   As I just mentioned about Boyd, then what the "F" are you waiting for to make some changes?   Because honesty, at $0.03 cent a share pre-split price.  I think its about time. 
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AmigoMike

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Reply with quote  #27 
Wimusky,

Unexcercised warrants are not shares therefore they are not part of the float.

I believe the present outstanding is between 8 and 9 million. Still sad but again, the valuation has to adjust to account for the awful dilution Odidi signed on for.

Best news that would spike the stock a bit is Odidi stepping aside as CEO.

Anyway to your point, the valuation has to adjust as we discussed previous ... The valuation would be determined by using the 23 million shares since cash on hand mostly represents those prefunded warrants but they wouldnt be counted for trading float purposes.

Amigo Mike
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AmigoMike

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Reply with quote  #28 
Samsa,

It's quiet on the board eh ? That's how it works. Move on to the next pump. Keep the money in motion staying one step in front of the lemmings. The funny thing is .... After the volume retreats, that's when you'd want all you followers jumping in, creating movement and drawing other retailers and traders to the action.

When you are trying to pump into HFT players, you better be going their way as they will run the retailers over. That's Wall Street. As I mentioned before, It is a cold hard place that thrives on separating you from your money if you don't know what you own. Believe me there are others that damn sure do know.

You need only look at what Pharmer said about one guy literally trading millions of shares to shave off pennies and fractions of pennies. There are companies that do this every day.

Like I said I bought some at just over 35 cents. I think there is some movement ahead for the positive but I'm not counting on it.

Amigo Mike
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AmigoMike

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Reply with quote  #29 
FDA still hasn’t posted a copy of the acceptance letter PDF to their website. Wonder what’s taking so long.

Amigo Mike
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Samsa1

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Reply with quote  #30 
Amigo, does it really matter?  only thing it probably would indicate is how many CRL's they got.  in the end it doesnt change anything.  we finally get a long awaited approval and we go down in price!   I am sure Renexa got a CRL as well.  that was filed under the new law and should have had a response within 10 months!
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