Dear HighDesert
Thankyou for your indirect response to my post.
As previously disclosed, I hold 500,000 shares in IBX.
A modest holding it appears from some of the posters here.
I have no interest in acquiring any more shares in IBX as I am at what I consider my limit.
And, like you, I believe 100% that the technology will be a winner.
And like you I am in it for the long haul.
I also believe that as a result of the success of this technology, Dr Flynn will be flying to Sweden to collect a certain prize.
And I don't care if the Australian Phase 1 trial take 4-5 years - as long as the trial is done properly.
I did write to IBX seeking information on the patents, specifically which ones are held by IBX:AUD and which ones are held the US subsidiary.
Geoff Hollis kindly replied within 24 hours, and provided a list of the patents, but did not identify which ones were held by IBX:AUD and which ones were held by the US subsidiary.
My subsequent research, however - basically a search of the US Patent Office records - disclosed that all are held by the US subsidiary.
I am still concerned about how the assets and finances of the Australian parent company and the US subsidiary have been structured.
I do have difficulty reading Consolidated statements as I failed Consolidations!
And I do not regard my ventilating of my genuine concerns (which I continue to hold) as Downramping.
Once again, GLTAH and DYOR.
Kind Regards
Stretguy.
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