Company registered in far away country (Yep that's us - Australia) - Tick
IBX:AUD used purely as a revenue raiser and all monies raised transferred to US subsid - Tick
But wait - didn't IBX:AUD do the Phase 1 trial - well sort of.
No charges taken by IBX:AUD over US subsid company for Aussie shareholders' monies advanced. So OZ investors funds advanced to US subsidiary unsecured - Tick
All patents registered in name of US subsidiary. They should have been registered in name of IBX:AUD and licensed to the US subsid) - Tick
BoD and Directors have bought no shares on market (hold on I think there was a small purchase) - Tick
Comms at a minimum - Tick
Any Comms are a regurgitation of previous Comms - Tick
Nice new leased facility in SD (with fitout - but not sure) - Tick
This is not financial advice- just historical information as to how Australian investors in IBX have been treated. But please do your own research
Regards
Stretguy.
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