...bring startups into financial death spirals.
Post# of 72440
I've heard stories, and I do believe we've seen more than a handful of SEC findings on the subject. I don't doubt for a minute there are financiers on the dark side that do attack companies. Take a look at just about any company that's using financing from a company in the Cayman's. The potential competition is a driver, and it doesn't have to be encouraged by big pharma, it could simply be a few individuals from a company that are afraid of the competition biting into their profits. And then there are the other companies that want to provide financing to sink their teeth into a company supposedly to help all the while providing toxic funding so they can take advantage of the % increase when it drops below the cut line of the agreement. They lose when the company they're screwing hits the jackpot with an approval or a buy out. IF they can survive long enough.
I will add though, I've seen some bad people running complete scams from the get go.
The attacks we've seen on IPIX have only succeeded because of the time it takes to move forward. The constant digs everyday to discourage potential buyers are all over the net when anyone does checks for consensus. And, imo, that's a part of doing your DD (a small part). Are the posters sponsored by another pharma? Certainly not to a point that we'd see publicly.
imo There are still plenty of deep pockets watching IPIX. We just need to impress on every turn. And, imo, we still have that chance no matter the rough road we've already been down. AF is moving as well as BDD Pharma, pushing IPIX's science forward. There's a very good chance this brings in the non toxic funding we need.
blah blah blah right? Not my first rodeo being with IPIX and seeing all the crap that can be thrown to hold a company back.