Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

I THINK LEO WILL EVENTUALLY "PROVE YOU WRONG"! And your words in bold below "sound like your opinion."

As far as I'm concerned Leo has most certainly earned the benefit of the doubt. Besides that, the info from the PR (quoted below) should have eased your mind. But if you don't trust our management team then you should absolutely sell your shares and invest elsewhere.

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. - From the 10/31/14 PR

Hmmmm...sounds like your opinion.

I don't have any solid information to the contrary, only my past experiences.

All-time high + OTC + Shelf = Pending Public Offering

SOMEBODY PROVE ME WRONG PLEASE! - starbuxsux