Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

Sox, the entire company's survival is tied to the stock price. So when 16 million shares are handed over to someone who has no reason to hold it does have an effect. Especially a stock that trades with low volume/PPS. Leo altered the company's direction because "cash raising" is a grave concern. 6 million worked 3 years ago, but not in their next stage. They've put off trials because they can't afford. I'm tired of reading that B ABSSSI is still waiting on the FDA to continue. What 2 years now??? Same with B OM, Still recruiting? K Ovarian will be the next trial that gets pushed back due to finances. All the focus is on P 2B because that's there only (SAFE) ticket to immediate cash. All boils down to 3 huge mistakes... Improper fundraising during the rally to 4.95, the failure to uplist which led to Mako and the Aruda 16 million share gift without a fight... Oh, and what became of the Ashcroft attorney fee retrieval efforts?
So they spent X amount to fight Rosen and hand 30 million to Aruda. Both with zero results...