Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

Leo told several shareholders who visited the company that they have enough funds to run all the planned trials in the next 12 months. Nasdaq also wants to see that (going concerns) in the 10-K. It sounds to me like CTIX doesn’t need much dilution in the short term.

If B-OM works, then we don’t need to worry about dilutions if Leo can find a partner. IMO he’s trying to partner the whole defensin-mimetics platform instead of B-ABSSSI and B-OM separately. So the deal could be huge and it’s definitely worth the wait.