Innovation Pharmaceuticals Inc (IPIX)

[Focusakker]

I'll explain my valuation logic. Let's assume that I own 10,000 shares. Right now, my value is $9,800.

If K was the only thing that CTIX had going on, my downside loss is $9,800. If I'm hopefully right and K activates P53, then I'm looking at $500,000.

That's what I meant by a small downside vs. the huge upside. Believe me, I'm rooting for P and B, but I truly believe the deal will be done on K.

Go back in time, before CTIX obtained B. P was going to be the drug that provided the cash for Kevetrin testing and development as well as some of their other compounds. I don't think management believes it's a $10 billion drug but we'll see.

Thanks,Paul