Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

Eric, I choose to look at what Leo has done since the beginning. For those who just focus on the SP, it was $0.20 in 2008. So it has increased by ~350% since.

I like to focus on the pipeline. I'm sure you know it went from 0 trial in 2008 to 8 trials in 2017. As for dilution, it was ~80M shares at the beginning if I remember correctly. So it has increased by only ~50% since. Those who shout for outrageous salaries can't justify the fact that the total OS has increased just 5% per year. Again, 0 trial in 2008, 8 trials in 2017.

Just like what my beloved Pats did in the Super Bowl, it's not over until it's over. I sense a big comeback later this year. Good luck!