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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

lawyers such as the Rosen Firm who file frivolous

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Post# of 72446
(Total Views: 248)
Posted On: 01/14/2017 11:09:57 PM
Posted By: Haschwald_Zimmer
Re: Drano #30340
Quote:
lawyers such as the Rosen Firm who file frivolous suits timed to tank a stock's price


Yes, but you and I had a hunch it was a BS suit because it was based off a BS article. This resulted in huge buying opportunity for smart guys like you and me, right?

Quote:
refuse to withdraw despite being given proof of their inaccuracy


There's that due diligence Ashcroft did for us with an impartial judge vetting their work. All of this a very inexpensive rate (less than 1% dilution). You can't buy piece of mind insurance like that for so cheap very often.

Quote:
and fight tooth and nail to the last -- trying to draw out the problems for the stock for as long as they can


I agree...it went on longer than it should have. Once Ashcroft took the case I hoped things would be dropped rather quickly but the extra third-party DD never hurts.

Do I think Rosen and team are good guys? No, not really.
Do I think Rosen should pay our legal fees? Yep.
Am I glad Rosen filed their suit? On Aug 6, 2015 I wasn't. After reviewing it with a cool head I thought that I should just make the best of the situation and I think I came out ahead.


As I said, I don't post else where. Also, I can't help you with your secret admirers but I have about 8 people PMing me every time you suggest I'm someone else. Maybe it's one guy messing with me but I think you've accused half the board of being hydras.


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All content of my posts is my opinion and speculation. Do not treat anything I say as fact or actionable investment advice. I participate to challenge my investment thesis from any angle possible. Please do your own due diligence.

Current Positions:
Long CTIX.




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