Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

If CTIX files for bankruptcy and goes private or dissolves, the only value would be the drug patents and equipment. The beneficiary of those patents would be the creditors first, then the largest shareholders. Leo and Menon would have the upper hand since they're the largest shareholders, founders, developers and so on... It's my opinion that Leo/Menon will be rewarded with or without CTIX staying in business. Leo also has a compensated contract for rescuing the business. Not sure of the details, but it was in the filing. I was in-the-wrong for saying rights, but there's no doubt in-my-mind they will have involvement either way.