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fabioulous

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Reply with quote  #1 

The Group of investors you have been talking about for a while...

...when and how are they taking control of IPCI ?

The waiting game is value detrimental even for those potential buyers: all those products shelfed are loosing value as the time passes.

So, if there is power behind your words, it is now the time to step in and kick Odidi out.

If there is some truth in all you have been writing here over the last 18months then it is time to buy the offering (all of it) and take control.

Pls send me a picture of Odidi's face as soon as he realize he lost his seat.

The man is the worst combination possible of arrogance and incompetence.

He deserves to be punished. Now it's your time...stop saying he has to agree for a change...he won't !

kick him out

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wimuskyfisherman

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Reply with quote  #2 
Fabius- As much as I would like to see that happen, it never will. Odidi is a dream for people buying offerings and trading this stock. He is so inept they play him like a fiddle...
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Samsa1

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Reply with quote  #3 
Pharmer, LOL, Ironically as I alluded to in my other post, it gets to the point, who here is the Devil?  and who are the demons?   I have yet to hear any insights as to how the little guy gets salvation here?   Again, I understand the how its being done.   I do not need to "watch and learn" as you said.  I already learned HOW its done.  The problem is once it is done, I do not see any light at the end of the tunnel.  The damage has already been done to those of us caught in the middle.  while those powers to be will be happy to and able to make money if the share price just recovers to $3.  the rest of us already were slaughtered.  There wont be any lambs left.

you posted a message Saturday and said here's relaxing music.  so I see we went down more today.  another 10%.  I see no relaxation in that.   someone needs to file that 13D and present a plan and say this is how we intend to turn the company around.   Not tell us we can buy the company and sell it off piece by piece.  all that means is we are trading one tyrant for another.   And to be honest, that was mentioned back in April when a group of people were going to get a strategy together before the last shareholder meeting.  so, the idea they came up with was to support the last election of officers? 

just saying if there is a plan it would be nice to hear it.    Otherwise its no different than what we have been hearing.   "we intend to partner Regabatin" "we have interested parties" "we intend to be CFP by year end" "we now have 3 new NDA's that we can not tell you about" and the list goes on.
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fabioulous

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Reply with quote  #4 
Pharmer, it seems to me the reason you and the Group are not trying to take control of the company or force a management change is that you haven't been interested in the company but just in the money you can make shorting to zero.

You likely understood there is nothing valid in the pipeline and so you legitimately decided to crash the idiot and his family&friends working (?) in the mysterious place (IPCI Headquarters).

now, what I don't understand is why you, pillpopper, impact, ..have been continuosly pumping expectations about this sinking ship. Why ?  To kill us joe retailers ? 
Why don't just say...hey guys..run away from this scam.

Your strategy will benefit from us selling and leaving the doors open for the Gourp's strategy...short, wash trade, force a new offering, cover...and repeat.

So why keep on fooling everybody around; what's the point ?  Why come here from time to time and say...hey...studies are great, big news around the corver, change about to happen.

Is that the Group is working together with Odidi ? is he part of the big short position which has been builded up with incredible righteous timing ?

If all of the above sounds pure fantasy to you...then I expect to see the Group taking control..because this is the time...6mln shares about to be issued...plus warrants.

let's see who is less real..Odidi or the Group


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Samsa1

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Reply with quote  #5 
Fabius, good questions.  It falls right in line with my thinking or who is actually worse or at least one seems to be that one is as bad as the other.    with a Market cap of 6 million.  If this group has the resources they claim, they could get control now.   but instead the so called wanting to punish Odidi, seems to be punish the little guy.   or they do not care what they do to the little guy.   No shares have been issues since April.  so all the talk about going to force Odidi out at the annual meeting was just that Talk.   they could have forced him out at 60 cent level or $6 now.   but instead we went from $6 down to $1.30 now.    so, I tend to agree.  They do not want to take control to be some savior, they just want to trade the stock and they do that by running it down to zero or as close as possible.   I just want to know when they walk away.   maybe then we have a chance for a comeback.  if they leave and Odidi goes to jail.  but by then it will be years before we ever recover.
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wimuskyfisherman

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Reply with quote  #6 
Fabius- I think you know the answer. They continuously cycle the IPCI trade. They are being fed by the people with advance info on offerings. They pump and sell in advance of bad news like an offering or earnings. Then crash the price on the event of bad news like offerings or earnings. And then at the new low buy. I think they would take the stock price up if Odidi gave them something to work with. But Odidi is a complete idiot that cannot advance anything... Thus, the only way for these guys to make money is on the downside. Make no mistake, the guys that are doing this are guys that are buying the offerings. They are going to make their money any way they can. Odidi uses these guys to continue running the company. He needs them to fund the company, so he is at least somewhat complicit in all this. The bottom line is Odidi has not built any value and he funds by almost 100% dilution. For him to get money for shares, he has to deal with shady bankers/offering buyers. And he is willing to do this... Lastly, look how much of his own money he puts at risk in IPCI. That tells the story. He gave them $0.5M at 10% instead of buying shares outright... And right after that, he is trying to sell a motherlode of shares...  He is no dummy, debt gets paid before equity in any bankruptcy proceeding.
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Samsa1

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Reply with quote  #7 
Wim, I tend to agree with you.  The other week you presented this scenario to Pharmer and he called you out.  He said it was ridiculous to think that way that Odidi wanted to get the market cap up to meet compliance rather than through shareholder equity.   Clearly, that was not the case, Pharmer comes back and says Odidi was offered  to buy 3 million shares at $2 and turned it down.   well, if he was truly trying to build value it would only be appropriate to turn that offer down.  Now, what does Odidi do?  he immediately makes a public offering.   So he had no intention of releasing news which would prop up share price and then make an offer.  He only wanted to do more dilution to keep the doors open another 6 months.   which is why the group only offered him $2 a share for 3 million shares, they knew that was the intent that nothing substantial was coming.   so they run the price down so when he does release something like HAP study results they just trade it back to $3 and still make money.    there is no savior here except to hopefully think Boyd will file a 13D and push for control OR someone else files suit to force the BOD to do their damn job and remove the CEO.   or just outright sue the BOD for failure to do their fiduciary duty.    either way, it does not leave us little guys with much prospects.   we should have listened to Gregory from the old yahoo board.  He tried to warn us it was a scam.  the price was post split equivalent to $40 back then.   We sit at $1.30 to today from $40.  who was right?   The sad part is , between the games and his ineptness, it ruined a lot of people.
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