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So true, 007...history repeating itself? Although way back when, the CEO was still visible unlike the Missing Link.
https://www.fiercebiotech.com/r-d/polymedix-defaults-and-hands-over-a-phii-antibiotic-to-bankruptcy-court
Not many can see the simple logic!!!!!
Are these investors still here?
So true. Simple logic.
I see the last trade of 3552 shares for a grand total of $1.42. Was it worth the squeeze Bahaha
JT, you never gave me the address to your car wash....I'd love to bring you some business.....
Angus I agree with you totally. Not a nice person.
The cabal of IPIX dissidents have their orders. By any means necessary, this company must be destroyed! If this tiger gets out of its cage, it will eat us for lunch.
A little hyperbole, but you get the message.
Some experts are still buying....they must know that a company cannot go out of business while it owns 40% of another company that is getting ready to take off!!!!!!
Too bad that due to Ehrlich's decimation of his one-man act, you can't buy more shares. You would have lost even more money in your IPIX portfoolio.
Many of my posts have disappeared recently. I think the old Submarine saying Leo is using, " Run Silent Run Deep is giving them the Runs.
Correct. Only the brain dead would waste their time if they believed that IPIX was worthless. Their work continues unabated day after day because they know better.
Noticed that 007 has retreated? Lots of potential crap came from that mouth. Where is is now? Idiot!!!
"For a security to become worthless, it not only needs to have no value, but it needs to have no potential to regain value."
That's a fine theory regarding value but if you hope to recognize value in the price of the stock you need buyers and even those who are willing to buy have been met at the door of their brokerages by a sign saying "no buy orders accepted".
How do you propose that the Company will overcome that problem?
“It could happen”.
I can almost hear Judy Tenuta’s voice using that phrase from her stand up routine.
"potential to regain value".
The amount of daily posting here on both sides of the isle proves this out.
For a security to become worthless, it not only needs to have no value, but it needs to have no potential to regain value. These recent radical fluctuations on very low volume to me are meaningless with IPIX currently on the Expert market. Brilacidin and BeaMed have the potential to regain great value, and it could happen literally over night.
Delusions from elsewhere:
IPIX is not current in filing financials on schedule and are now traded on the “Expert Market” where the MMs are supposed to only take unsolicited orders with limited quotation information to retail buyers. IMO, this is the classic “Fox guarding the chicken coop”. The MMs didn't waste any time further crushing SP down from .0177 to .0045 in a couple of days. This will continue until IPIX updates their current financials.
It sure does feel like the end is near.
Oh well, life can be pretty unfair and crappy.
.0004, down almost 81 percent. Could it be game over soon for Lost Cause Leo?
Looks like Ehrlich's descent into oblivion has deprived you of getting more shares of this gem.
It was 100% correct when it was written. This message, which appears in the IPIX trading session now when a buy order is attempted, did NOT appear when I said they would take your order:
Sounds like you've been saved from even more stupendously stupid "investing" decisions.
It seems your patron saint, St. Joseph of Cupertino, has been looking out for you.
Just be grateful.
That's the first reasonable forward path I have heard for Bri in quite some time. Thanks for mentioning it.
Your information about Schwab is not correct.
“Your last appearance had you asking…”
What a yenta. Sheesh!
Understandable why you would have the blahs if you are invested in this mess. At least you recognize your bad choice.
Bril+Caspofungin to form a super antifungal under a brand new patent.
Actually, Merck's patent expired in 2017, and there are 3 generics.
Caspofungin (brand name Cancidas) is a lipopeptide antifungal drug from Merck & Co., Inc."
Remdesivir is owned by Gilead .
Both drugs work great with Brilacidin.
Hoping that Leo is forming a biding war between the 2 Big pharma companies.
Hey! Long time no see. Your last appearance had you asking "Is trading halted?" on a day that 125million shares were traded. People with IPIX shares at the close of trading that day held them at $.0892, about 42 times what they go for today.
Don't be such a stranger!
Blah Blah Blah Blah…
What happened to your Feb 6th proclamation...
of "a significant positive press release in 6-8 weeks that will move the share price big-time whereby investors on the sideline would be scrambling to buy IPIX"?
Or was this just another fail in a long list of failed prognostications? As many times as you've faceplanted you must look like a pug.
Questions that are never answered. He/she sounds a lot like early years Leo before he vanished...big on hype/hope with little to no delivery.
Why don't you tell us what is positive about a .000 to .00 stock? This mess has been completely decimated and what is left is a one-person company, with only one board member who is also the only person in the company, where the shares cannot even be traded on the lowly pink sheets but are on some "expert" wasteland, where, consequently, there is little no volume and where most accounts will not allow you to buy the shares, where the "company" was hit with a major judgement that put it in the red and which came about because the CEO was asleep-at-the-wheel, where there is no longer any communication from the CEO to shareholders or any avenue for communication, where the one-man company maintains a website filled with stale information that has become misinformation, where there are no longer any filings and no transparency, where efforts to license or sell or achieve any degree of profitability from its one remaining drug have all failed (Locust Walk, Alfasigma, etc.), and where the CEO spent $4 million from his cash strapped mess to buy into some laser company where transparency is lacking and there is virtually no information about the financial status of that company (costs v anticipated sales, anticipated income, profitability projections, etc.). A dirty shell is all that is left.
Anything positive about IPIX is a figment of your imagination.
Anything positive about IPIX must be killed. Remember, the company is "dead."
Interesting when Frenchy posts, there is a direct attack on him all the time.....why is that????
"Thank you for this Schwab information. If it is true and I can buy I will make a new account."
Did you find it to be true? (I don't care if you made a new account.)
And what happened to this?
Have you managed to scoop up those 3 million shares yet?
And where are those promising press releases you were boasting about in June of last year? You can't even find the vanished CEO let alone any positive press releases. Doesn't look like there is much of anything left now.
If it so promising, why has no interest materialized? Do you really think an idiot like Erhlich can get anything promising accomplished? Look at the mess he has left this company in.
News flash - there’s no market for IPIX or B. Dead.
I'm guess I'm not so concerned with IPIX license agreement with having William Degrado still on board. I figure if UP wanted B back they could have rescued it out of Polymedix bankruptcy. It was good to see the latest peer review stating William DeGrado's contributions to B's anti-fungal studies. We have anti-fungal testing here and in Brazil. Hopefully something positive comes out of this for those holding shares.
I agree that there's a lot of interest in anti-fungal drugs particularly if continued climate change will increase and possibly compound the issue.
While I believe that B showing promise is the legitimate driver I'm wondering if applying for a patent is regarded simply as a way of placing a marker on what could be a promising drug. Also, there has to be an awareness of B nearing the end of license and does that have anything to do with the surge in patents?
I would hate for B to be swooped up by someone after IPIX investors have spent so much time and money pushing it to the 49 yard line. It would suck to have to watch some pharma with money, resources, and FDA influence spike 'our' B in the end zone.
Leo did not demonstrate well in his management of the office lease. Over the past few years I do not feel Leo has been putting forth the effort to advance B as his compensation should warrant. I guess we wait and see if Leo has the capability and the motivation to pursue bringing B to some degree of fruition.
I would think an effective new anti-fungal combination of Bril + Caspofungin would be of great interest to BP
Come on Leo, sell it all for .50!
Looks to be a new patent app combining/using Bril + Caspofungin?
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Moderators zandant sunspotter snayeman loanranger frenchbroad |
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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