RE:Absolute joke!!The IPO price was $4.50 and today (2 1/2 months later) they raise more money at $4.25 (5.5% lower)....
Adams is making it clear that he sees no appreciable raise in sp in the near future. I'm no fan of Adams, but even this news today surprised me. I didn't think even HE had the nerve to smack investors in the face again.
We can only assume that Integrasyn is nowhere near as close to commercialization as they lead us to believe. If it was close, he wouldve waited until that news was announced then do a cap raise at a much higher sp.
I really think Inmed is in need of some new leadership and greater transparency.