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fabioulous

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Reply with quote  #1 
Amigo, the recent offering has issued a big amount of pre-funded warrants, multiple times that of new shares.

According to your experience is it possible to perform the usual shares-warrant hedging strategies with the pre-funded type ?

if not, that could build a floor to the shares price, provided the dream team delivers somthing.

One more question: what is your idea about the pending ANDAs ? I mean, not their value, about which you expressed many times your critics, but about their still pending status after many years.
Could it be possibile that ipci received multiple CRLs and decided to stall the re-filing to concentrate their deep minds on NDAs ?

so to have failures run sequentially instead of multiple failures in parrallel...smart guys  LoL
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wimuskyfisherman

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Reply with quote  #2 
Bravo to management... Bravo... They were able to stop the bleeding and put a floor in at 6 cents. They should take all the money they just collected and give out some bonuses...
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wimuskyfisherman

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Reply with quote  #3 
Fabius - don't forget that every unit contains a pre funded warrant and a firm warrant. The only thing different in this offering is the buyer's can hide behind the pre funded warrants. They still have the firm warrants which act like the warrants in previous offerings. The way I see it is if the price goes up the outstanding shares jumps to 40 million.
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mopar44o

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Reply with quote  #4 
The only thing that matters is if these have a lock in period. And if they do we need news before that expires. We're pretty much ducked now. But we'll be totally ducked if they exercise those warrants.
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Samsa1

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Reply with quote  #5 
Mopar, good question.  I can't say I read anything in regards to lockout period.   with the exception of management.  They were actually locked out from Selling for a specific period which I did not understand.  I could see you putting in that restriction if you felt the price was going up but not down.  unless they intend to run the price down further and they didn't want the management to even sell at 60 cent?  Then again, they changed that damn offering how many times, 8?  I can't say for sure if it ended up in the final draft or not now.

I am still waiting to hear the explanation of why this isn't as bad as what it appears?  if it is as bad as what it appears then we all know all he can do is another RS in the next year because how then do we even get above $1 ?   I really do hope Pharmer comes back soon and explains this. 
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fabioulous

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Reply with quote  #6 
I get the feeling we won't hear from Pharmer for a while...he will be back (IF ever) once it could be likely to happen a rally in share price...let's say from 0.06 to 0.36...so it is a 6x !  Ehi don't be greedy ...he will wrote.

if what he wrote multiple times here, about the deep pocket Group behind the scenes, was true..tell me if not when a company has mkt cap of 2.6mln when else could you try to take control (provided you wanna do it) if not now ?

For an interested deep pocket it would be esay to get in control..but hey...even Boyd instead of increasing reduced.

So bye bye Pharmer; he reached his goal: short it from 85mln mkt cap to 2.5mln mkt cap ! and that's a lot of money.

there was absolute no need to fool us retailers around...sad
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wimuskyfisherman

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Reply with quote  #7 
If all the latest warrants get exercised- if my math is correct- the latest offering shares account for 87% of the company. So if anyone actually wants IPCI- which I highly doubt at this time- they could take control any minute. I will say it again. This offering is an act of desperation or a criminal conspiracy. And

Everyone who held shares through the RS, lost a ton. Maybe even Pharmer... But he problem never had any shares to begin with...
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mopar44o

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Reply with quote  #8 
Looks like warrants are executable immediately
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Samsa1

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Reply with quote  #9 
Fabioulous, we shall see.  I agree, the manipulators made a ton of money shorting the stock from 85 million to 2.5 million.   I do believe that all the talk of taking control of company was now BS.  they could have easily at any time and they did nothing.  except manipulate the stock price down.  Odidi was stupid enough to play into their hands. why take control of a company when you make your money shorting it down?   you wouldn't.

I still do not know why someone would purposefully come on a forum to deceive and hurt innocent people.  Unless they are totally a Narcissist and Sociopath and enjoy ruining peoples lives and get entertainment by how much pain they can inflict.  It would be like throwing a drowning person a brick and sitting back and laughing.   If someone is asking for help, why purposefully give them bad advice or help you know will only hurt them?   The purpose of a forum is to discuss individual views of what one believes will happen or go on. and to elicit help from others who have more insight and experience than yourself.     when you hold yourself out there as an authority or one with extensive knowledge, why purposefully mislead those with less knowledge and experience?    That would be like me getting on my Gun forum answering someones question about a gun and purposefully telling a person how to reassemble the gun so it blows up upon trying to fire it.   Then sit back and try and claim no responsibility saying you should have known better? 

So, I for one, will not pass judgement yet.  I will wait and see what Pharmer says when he comes back, assuming he does.  I still see that we could be in for a short squeeze on news of HAP study results and refiling.  HOWEVER, now with the recent dilutive offering, what is our best hope for any price appreciation?    the Warrants and prefunded warrants do not count towards the float however the 2.8 million shares appear will.   So now we have roughly 7.5 million shares outstanding.   so what can be expected? 

Pharmer originally felt we could break even on a short squeeze.   we were at 4.7 million shares.  assuming a squeeze to $10 that would be 47 million market cap.  now with the extra shares that same market cap would be a share price of around $6.   so is a short squeeze to now $6 still obtainable?   These are the questions we need find out and ask ourselves.   and Yes, Amigo this is why I say the manipulation is as toxic as Odidi.   because that throws an entire different spin on things.    while we should be able to obtain $6 a share, thats without manipulation.    with it, we may only hit $1.   Again, every other company that is listed as a competitor (except maybe ELPT now which I haven't checked) had a market cap of between 40 and 60 million.   yet IPCI did not and they have approved drugs.  so without manipulation, I would think we should be at $6 a share once they refile the NDA.   And this is why I feel the Manipulation is as toxic as Odidi himself.   while some blame the share price on Odidi totally, other companies with no approvals are still valued higher.   the only difference is they do not have the manipulation.    Our problem is Odidi plays right into their hands making these stupid decisions.  which is why I do not know why anyone would want to purposefully hurt those of us innocent ones caught in the middle.
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