So many "negative numbskulls" running in circles y
Post# of 72447
(Total Views: 301)
Posted On: 10/09/2018 4:15:02 PM
So many "negative numbskulls" running in circles yelling "We're Doomed",
all because of this financing deal .(They're probably pissed that the financier
is buying Preferred shares that can't be traded "as is"in and of themselves)
(And he didn't get 10MM as they state.He got about 2.2MM with ability to get
up to 10MM)
Why so many in shock over this when Leo stated the following in the 9/20 PR:
“We have made substantial clinical progress with what we have accomplished to date,
and remain committed to translating this into shareholder value. With partnering discussions
ongoing, as well as active efforts underway to secure additional sources of capital,
the prospects of our loyal shareholders are of paramount concern and front-of-mind as
we strive to execute on these opportunities. We will continue to work tirelessly on their
behalf as we advance the development of our clinical drug candidates.”
From the above,we knew that Leo was still looking for additional funding while still dealing with
the ongoing BP deal.
But he did it without Aspire and more serious dilution and non-retail games with the SP.
We knew he was looking for more funding as of 9/20/2018.Any shareholders with deep pockets
could have approached Leo and offered funding assistence.He made it clear that he was looking.
So again I ask,why is everyone surprised?Did we expect Leo to pan handle on the street corner
for "Free money"?
Such a joke these IPIX antagonists are.
Kelt
all because of this financing deal .(They're probably pissed that the financier
is buying Preferred shares that can't be traded "as is"in and of themselves)
(And he didn't get 10MM as they state.He got about 2.2MM with ability to get
up to 10MM)
Why so many in shock over this when Leo stated the following in the 9/20 PR:
“We have made substantial clinical progress with what we have accomplished to date,
and remain committed to translating this into shareholder value. With partnering discussions
ongoing, as well as active efforts underway to secure additional sources of capital,
the prospects of our loyal shareholders are of paramount concern and front-of-mind as
we strive to execute on these opportunities. We will continue to work tirelessly on their
behalf as we advance the development of our clinical drug candidates.”
From the above,we knew that Leo was still looking for additional funding while still dealing with
the ongoing BP deal.
But he did it without Aspire and more serious dilution and non-retail games with the SP.
We knew he was looking for more funding as of 9/20/2018.Any shareholders with deep pockets
could have approached Leo and offered funding assistence.He made it clear that he was looking.
So again I ask,why is everyone surprised?Did we expect Leo to pan handle on the street corner
for "Free money"?
Such a joke these IPIX antagonists are.
Kelt
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