Innovation Pharmaceuticals Inc (IPIX)

[AdmG]

I doubt it. There was only about 66-67 k shares in blocks over 5k in size. What's your source? And do you mean "Leo" as an individual or the Co.? If it was the Co selling treasury stock, it would have to be filed with the SEC and you'll see it in the next 10Q and this dilution is minor. For my part, while I don't like dilution, I'd rather not see a development Co taking on long term debt with sales still off a ways. My 2 cts.