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We'll see if 1 holds, never thought we'd go back under 1 again, but this is IPIX.
Shorted at .68. Will cover at 2.00. I love short squeezes.
Red on the day like I predicted. another feeble gap and crap
TD it’s gonna be a good day. I am looking forward to next week.
here comes the selling. ask down to 1.06. This will see around $1 again today. OBV looks awful
No Gap, No crap, All good.
Last chance ... should be very strong day ... especially at the end of the day ...
Support tested. 1.20's looking better and better. Then we launch.
$IPIX
You’ll love it, even without the halt! Go IPIX!
Going to the moon. Everything is great in IPIX land. Wait until results. You haven't seen nothing yet.
Yeah right. LMAO. Says the guy who wanted .50
I hope you're correct. This thing goes to $10, I will retire
Stock is a rocket ship. Can't be stopped. Going much higher.
the pattern repeats: gap open, Aspire unloads and the share price slips the rest of the day
So if there IS a trading halt with great news then I'll have to try your suggestion of Lagavulin 16.(Haven't gotten to that one yet)
Kelt
Yeah, totally. The “buy out” zone! Lol.
Shorted at .68. Covering at 2.00. Stock is going much higher.
I think we've already reached the buyout zone of .95-1. That is why this has stalled
Today’s gonna be a good good day.
We saw chatter back in October for prurisol I believe. They went un-validated and were thus ignored.
I'm not certain but in double blinded trials aren't both the participants and everyone involved with running the trial required to sign a gag order?
oh, and for hound...
quite possible except for the fact it’s never happened on the OTC.
The only problem is ridiculous fud posts about IPIX
So, no trading halts, except in extraordinary events. Coming soon!
In my view - Leo will not for trading halt even if it was applicable - he will avoid mid-day announcement.
He will issue a PR at 7.00 am and it will have statements from both companies.
For a change, Leo may host a live conference with the partner co officers.
Weren't you talking about "murmurs" just a few days ago in making some negative assertion??? Weren't you suggesting that you "know something" regarding the upcoming clinical trial release that others don't know?
DOTB
here’s an example of your Extraordinary Event Halt.
https://www.securitieslawyer101.com/2015/riviera-tool-company-rivt/
Was trying to use small words and simple sentence structure... but you're right, of course.
I was reacting to the "throw it on the wall and see what sticks" mentality regarding all the varied nonsense and outright falsehoods. I would expect that lots of new, interested traders and potential investors are looking around here for the first time given the recent IPIX publicity and pending data release, so I'm motivated to counter as much contrived FUD as possible.
Best to you.
DOTB
Thanks and thanks!
Thanks to the both of you, can't wait to see how great BOM results are!
Go Leo & IPIX!
here's the problem with all these $20-50 pie in the sky, 'stock halted' fantasies: if everyone knows something, it probably isn't worth knowing. MM's read these boards and laugh. They will pull the rug.
Few far and between, but I have seen it happen.
http://www.finra.org/industry/orf/orf-trading-halts
Very likely they wouldn't halt on trial news. Partnership news though is quite possible.
btw, yes it was a dup
1st) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136728632
and again
2) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136734235
He'll do it again too to keep it on the front page.
FINRA determines that an extraordinary event has occurred or is ongoing that has had a material effect on the market for the OTC Equity Security or the security underlying an OTC ADR or has caused or has the potential to cause major disruption to the marketplace and/or significant uncertainty in the settlement and clearance process ("Extraordinary Event Halt").
as usual, you would be correct.
My understanding is there are no trading halts on the OTC. Someone else can confirm this if it’s still the case.
I think today we close "GREEN" on above average volume. Know several folks that have been in IPIX/CTIX for over 3-4 years including myself. We have all waited and it's been painful, but finally "NEWS IS IMMINENT" and we are all loaded up. Would NOT want to be out of this stock over the weekend!! Any dip today and everyone of us is "buying"...we waited this long, no reason to sell now. We all averaged down, my last purchase was just 10 days ago: 10K at .68! GLTA and thanks for all the positive thoughtful post. See you "GREEN" at 4:00 today.
Go Navy, Beat Army!!
"Have you ever heard of SEC Form 4 filings? Those are the public notifications that must be released within a few days of officers of a company buying or selling shares."
You're right, of course, except instead of "released" I would have used "filed" and noted that the filing is the obligation of the beneficial owner and not the company. The company has an obligation, however, to review those filings (they're supposed to get a copy) annually and report any late filings....obviously they can't review filings that aren't made.
Here are the results of last year's review:
"Based solely on our review of copies of such reports filed with the SEC and written representations of our directors and executive officers, we believe that all persons subject to reporting filed the required reports on time in fiscal 2016, other than a Form 4 for Dr. Menon which was filed on December 18, 2015 relating to a transfer that occurred on November 30, 2015."
https://www.sec.gov/Archives/edgar/data/1355250/000147793216013164/ctix_10ka.htm
That's the only flaw in your argument ("So... where are the Form 4 documents? Where? There aren't any, that's where."). I'm not saying that it has happened here recently, but beneficial owners (officers, directors, 10% owners) have been known to fail to file and obviously they have been known to file late.
ps. re: "within a few days of officers of a company buying or selling shares" specifics per the Form 4 Instructions...."before the end of the second business day following the day on which a transaction resulting in a change in beneficial ownership has been executed"
tryz,
I agree. I have had a feeling for a week or so now that a trading halt is upon us for some incredibly good news. I am not going to be one of those who tell themselves "I should have" I am up to my eyeballs in IPIX.
Go Leo & IPIX!
I am anticipating and been waiting patiently for many months to the two very possible scenerios that can happen here to IPIX for trading in the marketplace : Trading halt news pending or a explosive boom at opening to intense buying pressure as news spreads to the entire financial world on positive Brilacidin trial data released!.....glta,tryz
New shareholders aren’t inherently stupid. Let them reason it out if someone is posting something that makes no sense.
Go LEO!
I shorted at .68. Covering at 2.00. things thing is about to explode.
So, we can finally put this issue to rest.
There is no such thing as a "delayed" trial. A trial takes as long as it takes, PERIOD.
IPIX is flying under the radar, but wait until the news comes out that
makes IPIX visible to BIG investors. Maybe today; maybe Monday; maybe next week; it won't be long.
Good luck and GOD bless,
George
Agree 100% cabel......Scrounged up some dry powder yesterday and will be buying this morning before all hell breaks loose to IPIX stock and the historic vision of the company as we move forward!....tryz
knowing mgmt, it will be delayed untilQ2 2018
I think we are no longer trading days away from the Top Line Data,... but rather trading HOURS away.
My guess less than 15 hours away,... and more like 9 trading hours away from news!
It is about time for the OM results.
Tension is building.
Its hard for me to imagine that you dont understand what a reasonable inference is...why should I entertain your inferences if they are unsupportable by logic?...why must the Board be the psychiatrist that is forced to listen to your irrational fears?....its bothersome....you can draw any unsupportable and irrational inferences you choose...you just shouldn't expect me to swim in that sea...
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Innovation Pharmaceuticals Inc. (IPIX)
$IPIX NEWS - http://ipharminc.com/press-release
SEC Filings https://www.sec.gov/cgi-bin/browse-edgar?company=Innovation+Pharmaceutical&owner=exclude&action=getcompany
From the most recent 10-K:
There are doubts about our ability to continue as a going concern.
We have generated revenue of $0 and $18,000 for the fiscal years ended June 30, 2023 and 2022, respectively and have an accumulated deficit of $125.3 million through June 30, 2023. These factors raise substantial doubt about our ability to continue as a going concern.
We need to raise substantial additional capital in the future to fund our operations and we may be unable to raise such funds when needed and on acceptable terms, which could prevent us from fully implementing our business, operating and development plans.
We currently have an approximate $1.0 million cash balance as of the date of this filing, but that is insufficient to complete the development and commercialization of any of our proposed products. We expect to incur costs of approximately $1.8 million in the upcoming fiscal year ending June 30, 2024 to operate our business in accordance with our business plans and budgets.
We have limited experience in drug and formulation development, the conduct of clinical trials, and may not be able to successfully develop any drugs.
Development of pharmaceutical products is a risky and time-consuming process subject to a number of factors, many of which are outside of our control. We are subject to regulatory authority permissions and approvals, most importantly the FDA. Our drug candidate(s)/indications are at early and mid-stages of development. Consequently, we can provide no assurance of the successful and timely development of new drugs, and the failure to do so could cause us to cease operations.
We may elect to deregister our common stock under the Exchange Act and suspend our reporting obligations. Such deregistration and suspension would result in less disclosure about us and may negatively affect the liquidity and trading prices of our common stock.
http://www.ipharminc.com/
About Innovation Pharmaceuticals Inc.:
Established in 2007, and headquartered in Wakefield, Massachusetts, Innovation Pharmaceuticals Inc. (formerly Cellceutix Corporation) is a publicly traded biopharmaceutical company dedicated to discovering and advancing innovative medical therapies with dermatology, oncology, anti-inflammatory and antibiotic applications.
Through ongoing research and drug development efforts, Innovation is focused on improving the clinical care of patients, as well as growing shareholder value. Our team consists of a diverse and accomplished group of professionals working together toward achieving this common goal.
IPIX CEO - "The Company historically devoted most of its efforts and resources on business development, regulatory matters, and clinical trials. Presently, the Company does not have sufficient financial resources to advance our drug candidates meaningfully." "In general, we expect to concentrate on product development and engage in a limited way in product discovery, avoiding the significant investment of time and financial resources that is generally required for a promising compound to be identified and brought into clinical trials." Source - https://www.sec.gov/ix?doc=/Archives/edgar/data/1355250/000147793223003414/ipix_10q.htm
More information is available at http://www.ipharminc.com.
Management: http://www.ipharminc.com/senior-management/
Scientific Advisors: http://www.ipharminc.com/scientific-advisors/
Clinical Trials: https://clinicaltrials.gov/ct2/results?cond=&term=%22Innovation+Pharmaceuticals%2C+Inc.%22++&cntry=&state=&city=&dist=&Search=Search&flds=abcefgps
Trials under previous name: https://clinicaltrials.gov/ct2/results?cond=&term=cellceutix&cntry=&state=&city=&dist=&Search=Search&flds=abcefgps
Product Pipeline: http://www.ipharminc.com/therapeutic-areas/
Recent News and Press Releases:
https://finance.yahoo.com/quote/IPIX?p=IPIX
http://www.ipharminc.com/press-release/
SEC Filings (CIK:0001355250): https://www.sec.gov/cgi-bin/browse-edgar?company=Innovation+Pharmaceutical&owner=exclude&action=getcompany
Transfer Agent:
West Coast Stock Transfer, Inc.
721 N. Vulcan Ave. Ste. 205
Encinitas, CA 92024
(619) 664-4780 p
(760) 452-4423 f
cs@wcsti.com
http://www.westcoaststocktransfer.com
Share Structure: See SEC filing link above for current share structure
Investor Relations:
http://www.ipharminc.com/new-faq/
http://www.ipharminc.com/contact-us-1
Chart: https://stockcharts.com/h-sc/ui?s=IPIX
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