Hopefully you're right but still in a bit in shock
Post# of 72447
(Total Views: 326)
Posted On: 09/15/2018 10:53:14 AM
Hopefully you're right but still in a bit in shock about this 10K. All of my fellow investors that I brought on board are freaking out. The ones who sold after the first Mako article smirk with pity as I continue to talk up IPIX year after year after year at gatherings - the ramblings of a madman it seems. Unfortunately this investment seemed to be a multi-pronged drug portfolio with lots of security and paths forward. As of this week it appears to have become a binary bet on a partnership.
With success of signing a deal we will make it out alive. With both OM and IBD in play the deal size could be very large if the pharma partner chooses not to put the screws to us due to our weak financial position.
With failure to sign a deal we likely face ruinous dilution to move forward, auction at firesale rates or worse.
I have already lost so much that I steeled my resolve and simply consider it a very large tax write-off with a gigantic upside potential. If I lose the remaining $0.25 it will suck but I already am assuming that. If I sold now and a megadeal was signed just after I gave up it would bother me for the rest of my days that the Mako crew got the best of me.
We have no good way of determining the likelihood of success in this deal making. Company guidance for the past year has been unreliable as a tool for predicting when/if certain things will happen. This whole investment has been nothing more than a losing night at the casino for years on end. We've been kicked out of the high-stakes room and we're looking at one last pull of the handle on the slot machine. If feel all our hopes rest on one last quarter (both time wise and shareprice wise).
Bring it home for us Leo. For the shareholders, for the patients, and for yourself. Don't let this fall through. So many are counting on you! Make all the detractors eat crow and burn those shorts!
With success of signing a deal we will make it out alive. With both OM and IBD in play the deal size could be very large if the pharma partner chooses not to put the screws to us due to our weak financial position.
With failure to sign a deal we likely face ruinous dilution to move forward, auction at firesale rates or worse.
I have already lost so much that I steeled my resolve and simply consider it a very large tax write-off with a gigantic upside potential. If I lose the remaining $0.25 it will suck but I already am assuming that. If I sold now and a megadeal was signed just after I gave up it would bother me for the rest of my days that the Mako crew got the best of me.
We have no good way of determining the likelihood of success in this deal making. Company guidance for the past year has been unreliable as a tool for predicting when/if certain things will happen. This whole investment has been nothing more than a losing night at the casino for years on end. We've been kicked out of the high-stakes room and we're looking at one last pull of the handle on the slot machine. If feel all our hopes rest on one last quarter (both time wise and shareprice wise).
Bring it home for us Leo. For the shareholders, for the patients, and for yourself. Don't let this fall through. So many are counting on you! Make all the detractors eat crow and burn those shorts!
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