Innovation Pharmaceuticals Inc (IPIX)

[cybermich]

well.. if you had been fortunate enough to buy shares at the same time he invested.. then you would be able to match those gains (and would be playing with house money as well)

some shareholders are in that enviable position.

there was no guarantee that CTIX shares would be profitable at .50 going forward..

would you have put 2 million dollars on the line for a stock that was trading at .50...

I would have say that I would probably not.. (maybe if I knew what Leo knew back then:)..

but either way.. that kind of investment on a preclinical biotech takes commitment and guts.