Innovation Pharmaceuticals Inc (IPIX)

[JohnnySticks]

NEW PR...

http://cellceutix.com/cellceutixs-new-chief-operating-officer-dr-james-alexander-addresses-shareholders/#sthash.CtjdpZl8.dpbs

EDIT: Re the s-3 filing,

“With these things in mind, we think our shareholders will be pleased to know that we have filed an S-3 with the SEC to solidify our financial position for the years to come. Simply, we have plenty of cash on hand and available to us for our planned laboratory and clinical studies, but a shelf registration with a few year term affords us the opportunity to explore other future considerations that are immediately accretive to our corporate value, whether it is additional clinical trials or an acquisition. We’re under no pressure to ever exercise the registration, but it is a prudent financial move to have additional cash available to us should a unique opportunity arise."