Innovation Pharmaceuticals Inc (IPIX)

[Ernesto]

Leo has to issue new shares to sell to Aspire. They can't be used to soak up short sellers. He could sell to Aspire and use the profits to buy the stock but...that's silly.

Rest assured, you're already in a death spiral. Unfortunately it will become a race between CTIX running out of money and Big Pharma feeling competitive pressure to bid up one of our drugs. Hope pharma cracks first.

Or they could just collude with each other and divide up our carcass in BK proceedings. As the price decline Aspire and the shelf do become less viable options for financing.