Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

Only 118 million shares outstanding... Dilution is not an issue here. It's clearly Menon and the fear driven by shorts.

Number of Shareholders


As of August 26, 2015, a total of approximately 118 million shares of the Company’s common stock are outstanding and held by approximately 61 shareholders of record, including Cede & Co., the nominee for the Depository Trust & Clearing Corporation and consequently that number does not include beneficial owners of our common stock who hold their stock in “street name” through their brokers.