Innovation Pharmaceuticals Inc (IPIX)

[Ernesto]

Alan,

There won't be a KaloBios type squeeze here. We have over 100M shares, 155M fully diluted and a short interest of only 1M. In addition there will likely be Aruda/Aspire selling into any increase which will help some of the shorts escape. They could certainly get roasted on a gap up on partnership news but it won't be a result of too many shorts and too little float.