Quote:
Originally Posted by ToothSayer
MarathonMan,
Companies that claim to build and own billion-pill-a-year manufacturing plants have more than a virtual office. OK?
Here's a TNI (the company you're peddling before the name change) company press release from 2012:
Has this plant been built? Does it exist? Yes or no.
More.
In a later release, TNI claims it's being manufactured by Laboratorios Ramos, an actual manufacturing plant. What the **** happened to the factory they were supposedly building????
In the same release, TNI claimed this in 2013:
Um, what?? It just got approved by the "Nigerian FDA" in 2016. How the actual **** did they, in 2013, expect to sell $50 million worth the following year, and have a distribution agreement already in place, when it hadn't been approved and no trials had been done????????????
Notice again it's on the cusp of big profit...better buy now! They're building billion pill factories! They're going to make $50 million/year in 2014 in Nigeria! None of this came to pass. They didn't sell one pill anywhere in the world in 2014 that I can see.
Why do you think the changed their name? Because the idiots who type in the company name to do research would have noticed this, and known something was up. Instead, they now run into flowery sounding company press releases on NASDAQ.com.
You're an idiot man. You've been conned.
Again, stop calling me an idiot BEFORE you've heard my response. If you haven't noticed, SO FAR I'VE REFUTED EVERY SINGLE THING THAT HAS BEEN SAID. So let me refute before you call me an idiot. Again, remember, I'm the one who is smarter than you buddy. Everything you are typing to me was something I saw 2 years ago. So stop talking to me like you've found crazy evidence that is something new. I have an answer to everything. You're the one who looks like an idiot when you call someone an idiot, then get proven wrong.
I'm sure everybody has just briefly skimmed everything cause they don't care, but I have literally refuted EVERYTHING, and will continue to do so.
They were going to use Laboratorios Ramos. That was the plan for years. We lost 9 months because of the decision to leave Laboratorios Ramos in Nicaragua to opt for Acromax Dominicana in D.R. A whole new approval process had to initiate with D.R. which is why it added 9 more months. We're still suffering from that blow which took the stock from around .18 to where it is now (more dilution, and selloffs from panickers). More info from the 10-k...
Laboratorios Ramos in Managua, Nicaragua has been issued approval from the Minster of Health to manufacture Naltrexone for the Company under the trademark name Lodonal™. The certificate of free sale allows Naltrexone to be exported from the Managua facility to other jurisdictions where the Company is approved to market and sell Naltrexone in satisfaction of the import requirements of such jurisdictions. The free sale certificate is not a license for export, which is issued separately for a specific product in both the country of export as well as the country of import.
Due to political developments in Nicaragua in the second half of 2016, the Company decided it would be prudent to obtain a second source of LDN product supply for sales outside of North America. In October 2016, the Company and Acromax Dominicana, SA (“Acromax”) entered into a contract for the manufacture of LDN tablets, capsules and/or creams (“Agreement”). Acromax is located in Santo Domingo; in the Dominican Republic. It is both cGMP certified and ISO 9001: 2008 certified. Acromax exports over 160 products and has sold throughout the Caribbean and Central and South America. More information about Acromax is available at
http://acromaxdominicana.com/ .
And in response to this...
"Um, what?? It just got approved by the "Nigerian FDA" in 2016. How the actual **** did they, in 2013, expect to sell $50 million worth the following year, and have a distribution agreement already in place, when it hadn't been approved and no trials had been done????????????
Notice again it's on the cusp of big profit...better buy now! They're building billion pill factories! They're going to make $50 million/year in 2014 in Nigeria! None of this came to pass. They didn't sell one pill anywhere in the world in 2014 that I can see.
Why do you think the changed their name? Because the idiots who type in the company name to do research would have noticed this, and known was up. Instead, they now run into flowery sounding company press releases on NASDAQ.com."
Noreen, the CEO, discussed this in detail in January in the investor conference.
Quote:
To the best of our knowledge, we are the only company that has ever advanced a non-FDA drug, or generic, through an approval process in an emerging market. This is a major accomplishment, one that bodes well for our numerous other initiatives that are similar in nature.
She further went on to talk about how because it was the first time for both NAFDAC and for IMUN and Noreen of course, there were MANY mistakes made (many will say it's NAFDAC's fault, many will say it's the CEO's fault, but nobody knows really and it won't affect the future anyway), and nobody really knew how long it was going to take in the beginning. NAFDAC misrepresented things to the company from my understanding (starting with the 1 year long delay in 2012-13 for the certificate of free sale). Because of the misrepresentations, and subsequent dilutions / panic selling / dumping, etc, the stock torched. Nobody wanted to touch it until they came close to commercialization. And now we are finally here.
Look. You either believe it or you don't. I've done more DD than any other share holder in this company. I drove to f***ing Washington DC (really really far drive) to stop in at Howard University to chat with an old advisor of IMUN to see what he thinks about the company. I search for every answer. And I get it. I ****ing stalked. And pissed off everyone in the company. And guess what - I got my DD done. And I can see exactly why the stock is about to go up. You either believe it or you don't, but so far, nobody has said anything that I haven't refuted yet.
Keep it coming.
Last edited by MarathonMan7; 05-11-2017 at 09:28 PM.