Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

His name was just part of an example of a small pipe offering to show that the latest CTIX deal wasn't unique....small PIPEs are used by many small companies. Others obviously have more experience than I, but if it was unique in any respect I believe that it was in the sense that there was a substantially larger and less expensive financing agreement already in place that could have been used to raise the same funds.
Between the three cent differential and the professional fees this deal was $85-90K more expensive than it had to be. It will be interesting to see if there was a justification for that....none is yet obvious to me.

Back to Price....after the beating he took in the confirmation hearings I'll bet his investment strategy steers very clear of stocks that might be affected by any government regulation. I doubt very much that he's one of the CTIX three.