Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

I'm not sure what the details from the FDA meeting(s) were and what they are looking for... I wasn't there. That said, I don't believe anything has changed on the downside risk scenario.

There are still a myriad of updates that can propel this issue to significantly higher levels.

I find it reassuring when the negative-Nelly's appear talking down the stock. The facts remain that CTIX is making material progress on multiple fronts, including 3-party verification on Brilacidin via the FDA QIDP designation. Anyone who wants to argue that CTIX is not making real, measurable progress is a fool.

Does it matter whether Brilacidin moves to PIII this month for three months from now? Only if you're trading in and out of the stock. For long term holders it is immaterial, enterprise value is being created every step along the way.