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fabioulous

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Reply with quote  #1 
So now what ?
You can't even flip...or maybe you already flipped on the way down?

Why why each of your prediction work the other way around????
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wimuskyfisherman

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Reply with quote  #2 
Yes, Pharmer, when we hit 60 cents... Looks like we hit 30 before 60...
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Samsa1

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Reply with quote  #3 
This is why I say it is all manipulation.   The company gets a long awaited approval and we still are not traded up but down.   Someone wanted to ruin the company and they have.   Any of IPCI's competitors that had no other approvals and just a NDA filing were trading around 40 to 60 million.   We have 14 million in the bank and are trading at 3 million market cap and we go down on news of an approval!   My guess is whoever is behind the manipulation just wants to get the company delisted next.
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Samsa1

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Reply with quote  #4 
Pharmer, well, I would do some hard work for 50k right now!  my investment is only worth a little over 10k right now! with a little more than 300k loss and unfortunately most of it in an IRA where I can't even take a tax loss.  But the few shares I do have in a taxable account will be enough.  I have around 50k of the loss in that account and according to our tax laws, I limited to taking 3k a year!  I literally will not live long enough to even take those losses !  So, I figured Its a total loss and I can't even count on this for retirement.  my wife now has to work until 62 to get her full pension so that is July of 2020.  I figure until then I will put what ever pennies away I can. 

As for IPCI putting out more PR's, you keep saying that.  I keep pointing out, this is why he never has and probably will stop.  why should he?   He put out 5 of what would be characterized as "good" Pr's and we saw no price appreciation. Yet he put out 1 that was characterized as negative and we dropped 35% !   so, if I were him I wouldn't waste the time.   I'd go back to the mindset of, If I have news I will PR it.   Hell, the day of news of an approval we saw a down day!  We waited what 2 years for an approval and when we finally get one we go down in price?   He PR'd 3 agreements and we saw no price appreciation.   I know and I agree that they didn't give specifics to show actual value but its the point I am trying to make.  The fact is they were agreements to finally commercialize a drug and the price doesn't go up.  I recall about a year ago you said he should be putting out PR's once a week and you didn't care if they were about selling pencils.   I mentioned then "why"?    Well this was proof as to what I was meaning. 

There was a time when news of Keppra approval shot us for $2.30 to $2.95 !  then after the next week came and they released the QE we sank below $2.25.  I bitched about that and not having any value built in and your comment then was, Keppra isn't partnered and therefore no immediate value.   However, we still saw that pop on an approval!  now we don't even get that.    So, If I were Odidi, why bother putting out PR's?    We literally got an long awaited approval and it meant nothing. 

So, what can shareholders actually look forward too?  PR's of agreements don't help.  the reason, no current income.  News of an approval didn't help, reason not partnered.  An approval of even an MNK drug wont help, reason look at seroquel.  NDA refiling won't help, reason it was known plus they lost at adcom before and its not partnered.  news of Podras probably wont help because just like effexor, its not licensed and no income and it will cost millions to go it alone. besides, we didn't see any pop on news of patent for it.  so, there are the reasons we wont be allowed to go up, but actual date of NASDAQ hearing notice, will be another decline.   Year end results will be huge decline because of the cash burn and higher than expected loss if nothing else because we got an approval!   Then of course there will be the delisting itself, which will be a free fall.   so what did miss?  Oh yes, the only thing that we probably pop up on is a Rexista deal, which brings in money and by that time we will be at 1 penny pre-split or $0.10 current post split.   At which point we may be able to get back up to $0.50 cents.
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wimuskyfisherman

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Reply with quote  #5 
I think the best they can announce is another unnamed distributor in a third world country for Efexor. There certainly appears to be no urgency on IPCI's part to partner Effexor in US- exploring options...

And Odidi's got this whole thing backwards:

1. Most successful countries manufacture generics in low cost countries like India, Vietnam, Philipines. Odidi is choosing to manufacture in a high cost, small Toronto shop.
2. Most successful companies than sell these drugs in Developed nations like US, Canada, Europe. Odidi is choosing to sell these drugs in undeveloped countries with very low per capita income like Vietnam, Philippines, Malaysia...

That whole concept just does not  pass the stink test. Everything Odidi touches is poorly thought out and always delivers the same poor results. He must have some type of plan where he is going to try to take these approvals from IPCI on the cheap. Nobody could be as stupid as he appears to be.
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wimuskyfisherman

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Reply with quote  #6 
Pharmer- Please start bashing IPCI soon. Once you do, we are sure to go up[rofl][rofl][rofl]
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fabioulous

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Reply with quote  #7 
Pharmer, which are the reasons you keep on writing here of possible imminent changes, news, developments...which by the way consistently never happen ?

I remember clearly a couple of years ago when you more than once wrote here that Odidi would have understood who was the strongest guy in town and the the Group would have driven the price down to nothing, took control and then sold the company in pieces.
Do you remember your hands writing it ??

Now, why, once you understood the kind of idiot you were dealing with and once you understood that a single guy (computer) could have easly taken the control of the share price...why didn't you write here:  guys, go away...we are going to smash the idiot and drive the Whole company down.

Why ? C'mon ...we were not represting a threat for your strategy...long bag holders...why ?

There is no point in what you have been doing (the continuos dissemination of illusions while knowing the Group had declared war to IPCI's dumb&dumber ?)

I am puzzled
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AmigoMike

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Reply with quote  #8 
LOLOLOLOLOL ...... just like always, the magic eraser has sprung and all the pharmer posts are gone. LOLOLOLOL. Just like clockwork.

Lest we not forget Pharmer's December 7th commentary eh ?

Couple days away. We shall see but certainly not holding my breath. Best news possible right now outside of a takeover or multi-million $ partnership for Regabatin or Rexista .... is Odidi stepping aside.

Amigo Mike
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wimuskyfisherman

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Reply with quote  #9 
At the rate this is going, the additional warrants at 75 cents that were pre-funded will never be exercised. Why would they? The next offering is looking to be at 10 cents. And yes I got a good laugh when people were talking about $5-10 per share. How in the world would that be possible with all those pre-funded warrants at 75 cents and matching warrants that could be exercised at 75 cents. Those account for nearly 35M shares at 75 cents... Using logic that says, 75 cents is the lid on this thing

So I guess when Odidi made that deal, he knew full well that he would have to do another RS to keep NASDAQ compliance. So he did not care about NASDAQ compliance, he just wanted the money.  I really would like to know why CFO resigned shortly after that deal. Once again using logic... It sure seems his resignation had something to do with that offering...
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Samsa1

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Reply with quote  #10 
Amigo, I agree I have no idea why Pharmer decides to delete all his posts?  it does make holding any Q&A more difficult!

I was going to ask you just that.  What does anyone see as possible catalysts here?    we had a flurry of positive news pieces.  I agree they didn't provide any money, but they were positive in nature.    Nothing pops or supports the price!   Heck we even had a long awaited approval and we dragged down rather than up. 

So, you feel the only thing that will get us to see an up tick is an actual deal for Rexista or Regabatin?  If so may god help us, because by the time that happens we will be at 10 cents and we will be lucky if we bounce back to 50 cents!

The sad part is, there is so much negative news that can be PR'd and gets PR'd like the NASDAQ notice and we get trampled, yet no amount of positive news helps one red cent!  those deals for overseas were at least encouraging that he does make deals!   I agree no income yet, but at least the deals are in place.  I just cant stop shaking my head.  that even positive news can't help us.   
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wimuskyfisherman

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Reply with quote  #11 
Samsa- Yeah Odidi said they would not "give" away their technology... But he is willing to "give" away the whole company. Really makes me wonder that if in the back of his mind he feels this is his technology and he has plans to take these products and have Smart Pharma Shanghai manufacture them. Why else would he avoid partnering them and licensing them? Is the grand plan to have shareholders pay for development but then sell them out and buy off or steal all the technology for next to nothing? Makes one wonder why these products are not partnered in North America and Europe... Those are premier markets and we don't get a PR on those, we get some blurb on how they have an unnamed distribution partner in a few third world countries. This whole thing is bizarre and it stinks more like a corrupt management team everyday.
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