Innovation Pharmaceuticals Inc (IPIX)

[Ringrock]

It will be interesting to see the courts response in regards to sanctions and damages... A question for those more knowledgeable about the process, does Ctix have to file a counterclaim in order to be awarded damages incurred to shareholder value? After reading all the banter surrounding the value of the options that represent the legal fees, I imagine those would be covered if the judge chose to grant the motion. I'm of the thinking that damages incurred to shareholder value is at a minimum, a dollar a share; that would put the damages at a minimum of a 138million, plus legal fees, and whatever sanctions the court wants to impose. Could fund a lot of trials with that!?? I also feel that we could benefit from the court tired of this charade, (not just this case) and costly waste of their time.