This is a fun money stock. Definitely not money you cannot afford to lose. 250k plus shares prior to raise will get you into the top 20 according to Simply W S. Loads of small holders in for a punt, nothing wrong with that. If it comes off you might make some money especially if you bought low. Robert Proulx, CEO holds 6,123,650 shares which is 0.55% of SOI. Relatively small stuff. Plenty of cash now available with the raise so cash burn should not be a problem for some time. No excuses. The concept and product is good but the execution to date has been poor. IBX need to make the move to MRI work or its all over. With specs like this if there is a run on a non revenue ann or news best to take a few off the table and free carry the rest. I hold as a spec for fun. If it comes up great. If not a shrug of the shoulders and a tax offset against gains.
IBX Price at posting:
1.8¢ Sentiment: None Disclosure: Held
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