Innovation Pharmaceuticals Inc (IPIX)

[ICEVRE3]

58 unfortunately I didn't establish a position below $1 like many of you. Considering that, I am always watching the share price; as well as volume, trends, and fundamental developments/progress.

When I have free time, I'm trying to form a more valid perspective about what I believe management is thinking and planning to do. Numbers don't lie, so I'm always scanning and re-scanning financial statements and reported data, painting a clearer picture of where the money comes from- and what it's being spent towards.

My belief was that management would intend to require purchases from Aspire at the highest possible price- limiting downside risk in the price of shares. The data showed purchases from the company at extreme lows in the trading range, and I wondered why?

I don't deny that there is potential in the products, but in the FINS I see options and warrants being exercised below $1, and Aspire required to purchase below the lows of the SP range- and it raises concern..