Innovation Pharmaceuticals Inc (IPIX)

[oddone33320]

I agree, they have potential to own a higher percentage of shares than 38% which may (likely) happen in time as the pipeline fully develops/comes to fruition and they decide to exercise/convert warrants/options/class B shares as desired.

I was not criticizing, I am fully on board with everything management does and the fact that they own 38% of the class A shares tells me that their interests are perfectly aligned with that of shareholders. My only intention was to clear up the number of shares currently owned by management, as it is different than the potentially owned in the future number being reported here.

It seemed misleading to me, to say that management owns 85% of the shares because currently that is incorrect. Did not mean any offense.