Innovation Pharmaceuticals Inc (IPIX)

[mdphd2008]

That is certainly a good reminder in general about the disadvantages of the internet, and in particular, of the past short attacks and fake news that we have experienced over the past 2 years here.

Fortunately, CTIX management has made extraordinary efforts to keep us posted with a steady stream of press releases so we have reliable and accountable information. As in any good business, strategy needs to constantly evolve based on available resources, market timing, and many other known and unknown variables. This comes at a potential risk, because some trials don't meet initial stated goals, however, that doesn't mean management was not honest. We need to remember and appreciate that management is trying to keep us continually updated, and most importantly, our investment objectives are aligned with theirs.

I eagerly look forward to June conference call even to just hear that everything is on track. July conference is a month away where we will likely hear some new and completed data regarding Brilacidin UP trial. More news regarding prurisol trial should follow shortly after in 3rd quarter. We are lucky to have several trials running simultaneously , which should provide nice stream of good news. Patience is a virtue, and likely also will be profitable.