Innovation Pharmaceuticals Inc (IPIX)

[TheBunny]

Well because, IMHO, IPIX (CTIX) needed more than one year to spread 'The Word'. The Word being (I'm sure you recall), Kevetrin and indications of P-53 Activation. And 'L@@K we just snagged Brilicidin for No money', and it just needs a P2b which we are confident we can get strong positive results in short order, and then there is 'P'.

After four years they captured whomever investors were going to bite, and then came the Aspire funding.

After Aspire funding, Leo and Dr. Menon hit shareholders with a high salary, and followed it up with a brutal raise (as though as if they got us up-listed on NASDAQ), and then the P-53 activation was quietly removed, and long touted Partnership has been now years - just around the corner.

Management stoked the investors imaginations of 'Cancer Cure' and a soon to partner with BP on something in P2. From $4.95 to .76 cents PS and falling. IPIX can't keep dancing much longer.


-in reply to:

Why not just one year to show good faith instead of four long years? Management knows they don't have the resources for Phase 3s. That's why they're trying to partner.