Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"From October 1, 2014 to October 27, 2014, the Company has generated additional proceeds of approximately $1,914,000 under the Common Stock Purchase Agreement with Aspire from the sale 800,000 shares of its common stock."

Equals $2.395/share.

2014/10/27 3.45 3.50 3.33 3.35 670,329 3.35
2014/10/24 3.25 3.42 3.21 3.38 802,238 3.38
2014/10/23 3.00 3.24 2.96 3.19 1,600,548 3.19
2014/10/22 3.01 3.04 2.97 3.00 311,191 3.00
2014/10/21 3.01 3.05 2.93 3.00 649,698 3.00
2014/10/20 2.96 3.05 2.93 2.98 349,356 2.98
2014/10/17 2.83 3.00 2.81 2.95 283,339 2.95
2014/10/16 2.88 2.98 2.83 2.83 217,032 2.83
2014/10/15 2.85 2.89 2.81 2.89 304,627 2.89
2014/10/14 2.94 2.95 2.82 2.88 374,312 2.88
2014/10/13 3.04 3.07 2.92 2.93 437,008 2.93
2014/10/10 2.85 3.05 2.79 3.00 348,104 3.00
2014/10/09 2.98 2.99 2.70 2.87 582,003 2.87
2014/10/08 3.00 3.09 2.95 2.97 391,590 2.97
2014/10/07 3.11 3.11 2.93 2.97 386,033 2.97
2014/10/06 2.94 3.10 2.90 3.09 699,796 3.09
2014/10/03 2.74 2.96 2.74 2.93 544,955 2.93
2014/10/02 2.95 2.97 2.70 2.73 652,575 2.73
2014/10/01 3.00 3.00 2.77 2.96 637,143 2.96

http://ih.advfn.com/exchanges/USOTC/CTIX/historical

Wish I could explain this. It doesn't look like the discount structure the way I remember it.

edit:
Except for purchases made at the too-complicated-for-me VWAP, the Regular Purchases get priced according to the following:
“Purchase Price” means the lesser of (i) the lowest Sale Price of the Common Stock on the Purchase Date or (ii) the arithmetic average of the three (3) lowest Closing Sale Prices for the Common Stock during the twelve (12) consecutive Business Days ending on the Business Day immediately preceding such Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

Something doesn't look right about the pricing of those 800,000 shares.