Innovation Pharmaceuticals Inc (IPIX)

[Amatuer17]

“IPIX/CTIX really only came to some visibility about the time of the name change in my estimation as that is when we got the positive news/pics of the B-UP/UPS trial.”

You must be sleeping for some time - company got visibility when it was going towards $5 - it got visibility when Mako article came out

That article showed that company is promising a lot but has low content so SP started slipping.

It was proven right - Dec 2015 to Nov 2017 - no P3 started, cash on hand very low and SP has gone done from above $4.50 to $0.73 - 83% decline

For 2 years Nay sayers are clearly right -
nearly every early investors (except BK) based on euphoria have lost money
- as lost opportunity cost (simple ETFs have give crazy returns)
- paper losses which locked their funds and they are not able to add more investments
- actual loss that many booked and moved on