Innovation Pharmaceuticals Inc (IPIX)

[I Need Help]

Few will want to hear this; but, I think we are still facing distribution from Aruda(lawyers). They started with about 8 million shares, of which I am sure they still have plenty to sell.

Good news is that their sales are not based on fundamentals. When their supply dries up, I think we will move. Today's selling still fits into this scenario. Only downside is that the distribution has stalled PPS and sent some buyers looking elsewhere for better returns. But, I think CTIX will be playing catch up at some point.

I like these higher volume days. Helpful in accelerating distributions. Strong buyer interest today. Should be a good couple days for both distribution and price.