Innovation Pharmaceuticals Inc (IPIX)

[Pepperchino]

The reason for the recent decline is simple, shareholders selling to get in on the other Alzheimer's drug bio co. It is as simple as that IMO. Notice the slide stopped or slowed just before their big rise and RS. It doesn't take a lot of shares to move CTIX and those that moved over there had quite a few shares from my understanding, at least a few did. We've now leveled and will soon rise again as the trials progress. Was there some short selling? It is possible but I don't think that was the entire reason.

I've also been swayed a little from A17 regarding Leo's performance. I do realize a lot of things could have been done differently. I also realize it isn't just about the drugs but also the mgmt. we could have great drugs but they could never make it to market if Leo doesn't plan appropriately. I do believe Leo has a plan to get us to the finish line but that not everything goes according to plan. This is a tough business and it takes a lot of $$ to advance trials. We have the $$ or ways to get the $$ but it will cost us in the short term. I am ok with this because I believe 100% in the pipeline and am just waiting now for Leo to deliver.

Seeing the other one pop on RS and hype makes one realize no ticker is safe from manipulation, even on the big boards. Theirs, with the share structure, is even more so. We are not on NASDAQ yet because we don't have the results to support such a move. Once we have results, and I mean results that are meaningful and transparent, the SP will follow and support uplisting. Oh how I dream of that day...

Wishing everyone well this fine Saturday!