Innovation Pharmaceuticals Inc (IPIX)

[BioHedge]

Yes, painfully so. I'm still convinced this is a strong candidate for a 10-100x but the short term is dicey given the lack of capital on the balance sheet.

I'd love nothing more than a 10-20M round even it it's a 10-15% dilution. Dilution is part of the game in the VC/PE world it's just retailers don't understand the necessity sometimes.