No one who owned the stock would make up false rumors, like saying the upfront is only $50K. They wouldn't be mad when the stock closed up at the end of the day. They wouldn't post several negative articles a day, every single day. They wouldn't complain about lack of PRs, and then also complain every time there is a PR. That would be stupid.
He said we would have 2 partnership agreements by the end of Q1 2016. Since he signed a tentative agreement for 3 drugs, we can say that's close enough. It would be great if IGXT can get a few million dollars upfront out of the agreement. Then if the 2nd Forfivo milestone is qualified for, there should be plenty of cash on hand to last until the next drug gets to market.
Typically, the golden cross is when the 50 DMA crosses the 200 DMA. We are about 2 cents away from that, with the 50 DMA moving upward towards the 200 DMA. The 200 DMA is 52 cents. The 50 DMA is 50 cents. If the price remains where it is, or increases, it won't take very long. I was watching that, and disappointed when we fell below 50 cents on Wednesday. Nice that we bounced today.
Pat, I fully expect a 20 PE at the minimum, when there are earnings. I also agree that the market will price in earnings ahead of time, when the partners sign, and the drugs are imminent. I don't see why the EU Riz is taking so long, or why no other countries have approved it. That seems like the only incremental potential source of sales revenue this year, That's also why the partnership deals are critical, if 2016 is going to be a good one for IGXT pps.
Hard to admit, but for today, Rags was right. Horst promised partnerships, and hasn't delivered them. No new products coming to market soon, so the upfront money is critical, especially now that expenses are somewhat higher than in the past. If you remember, Singular predicted break even for 2016. That's not bad. Starting to see why that makes more sense than the nine cents they were previously predicting. They also predicted a $1.50 pps by the end of the year. Hope that comes true.
2018 sounds like the year where earnings start flowing. Not sure how the market will price the stock in the meantime. Lots of biotechs lose big bucks and carry large market caps based on potential. I'm still long, and staying. The upside should be great, just not sure when it will arrive. If they would sign Suboxone, Rizaport and Tadalafil partners, then everything would be looking sweet.
If you read what you just wrote, it doesn't say that. You're making an assumption. 4/6s of the $2million will be received in Q!. Doesn't say when it will be recognized. I would prefer it's Q! actually. We want to maintain YOY growth.
I don't think there is a portion of the 3M payment in the 4th quarter. I think the remainder goes into this quarter. If that's true, the 4th quarter could show a small loss, and then this quarter could show a gain. I'm not saying I remember for sure, and I didn't go back and read the transcript again, so don't rely on this. Maybe Patrick would know for sure. If there's no milestone payment included int the 4th quarter, it's unlikely there will be a profit.
igxtgold, sorry for confusing you with igxtnow. He used a knockoff of your name to confuse people. My fault for falling for it.
Two face, why are you hoping for anything. You made a big deal of selling, and said you wouldn't be back. You admitted using multiple names to bash the stock, right ZZ? You're like the smell that won't go away, when you step in a pile of....
Patrick, it was never $0.32. Wouldn't be surprised if your current position is under water. You announced many buys higher than it is now. Also your large position can't be sold now, without a substantial loss, due to the low volume per day. Just as sick of your BS, as Glum/Ragbul/Pdag. Why don't you ask Horst, where are the partnership deals he alluded to, since you seem to be talking to him frequently? That's all that matters now.
I don't think he bought IGXT, just making an excuse to comment all the time. I think he's also Ragbul. Notice how he left, and Ragbul took his place, commenting 10 times a day.
I will feel much more confident, when and if, a deal is announced this quarter, as Horst said would happen during the 3rd quarter CC. He said Q4 2015, or Q1 2016. Still 2 months to go, but the sooner the better.
The bid seems often be well below the ask. At least when I've been checking. Why would that be? Last I looked, the PPS was $.48. The ask was $.48, and the bid was below $.45. That a very large %.
Every day you complain about lack of PRs. When one is released, saying mgmt is buying on the open market, you complain. You obviously have an agenda. Slither off into your hole.
I own this stock. Hopefully the PPS increases from here this year. Sick of hearing how you bought it low, 2 years ago. Only care about now, and the future. Wondering when the partnership agreements will be announced, and terms of those agreements.
You lost the bet publically. Like the no character, POS you are, you make excuses for your poor behavior. No one here likes you. Go away.
Why should anyone here care about your family? Did you care about any of the other shareholders families, when you assumed 3 identities, and bashed the stock, like a snake in the grass. Just go away. Not surprised you didn't honor your bet either. You are a POS in IMO.