Will they sell shares constantly now? They only got $100K. Are they that poor? When they sell shares, it effectively adds to the float, since those shares are not locked up in safe hands anymore.
I was so happy when I thought it was a big block of arrow shares that were sold. What a big letdown.
Seeking Alpha article says submitted in December 2014, with a reply expected in 2H 2015.
Sounds obvious to me. " IntelGenx is entitled to a one-time milestone payment of $3 million, of which $1 million will be payable 14 days after the milestone has been achieved, and the balance of $2 million payable six months later." How can they book it before it's paid?
igxtgold, you are wrong about a lot. First, let me say I am long IGXT. There are 71 million fully diluted shares. Annual expenses are about $3 million. They are taking out a loan for about $3 million for equipment, to be paid in 5 years. So they need income of $3.6 million, approx., per year, to break even. To have 10c EPS, they need something like $10 million in revenue next year. Milestones contribute to the earnings. It would be great to see migraine start to contribute, however Apotex is still having issues with the FDA. The sooner a second drug gets to the market, the sooner IGXT will really start to rise, in my opinion, for what that's worth. The milestones will also be positive news. Again in my opinion, for what that's worth. Yahoo list 2 analysts, with a consensus EPS for next year, you can look it up easily. They may be right, they may not.
Make that 11 posts!!! He's like a stalker, fixated, with no otherlife or interest. Now he can answer with his alias. IGXT will succeed. Gloom will eventually leave. Maybe he will stalk another stock.
by Glum and his alias. How desperate is that. Sad too. I actually feel sorry for him. Like I said, either a short, an agenda of some kind, or a psychotic illness. Maybe all 3.
Of course he'a a chronic liar. He is also Glum, and he has an agenda here. Very obvious. He even admits having multiple IDs. Only because he got caught using them. Why would you use multiple IDs, and bash a stock all day and night, that you have no ownership interest in, unless you were short or paid to do it? The only other possible reasons are psychological impairment issues.
IGXT has a bright future! Time is it's friend. Let's wait and see what happens. We can all laugh at him in a few years.
Back at it. As if anyone cares what they have to say. Looking for attention. No real lives to speak of, so they live here. Feel sorry for them. They may evem be the same person. Lol