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Penny Stock Millionaires
Posted On: 03/28/2012 12:28:50 AM
Post# of 15406
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Posted By: GHOST
Re: occupyinvestor #410

INBI: Vicis Capital Master Fund (A Hedge Fund in New York) owns 438.5Mil Shares of INBI.
Percentage of common stock owned by them = 91.1%

The 438.5Mil includes common stock, warrants, and preferred stock.
The stock they received is in return for the millions of dollars they invested into the company (INBI) as the company completes it's massive turnaround since the new CEO took over a couple years ago.

http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8369251
The date on this 14C is Feb 1, 2012.

http://www.investorpoint.com/stock/INBI-Infus...l%20Types/
Vicis Capital purchased most of their common stock at a price of $1 to $3 dollars.


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