Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

Schadenfreude. Guilt by association won’t stand in court. Here’s your logic.

“Simon, Karl, Jared, and Brett are all friends of Josh, and they are all petty criminals. Jill is a friend of Josh; therefore, Jill is a petty criminal.”

https://en.m.wikipedia.org/wiki/Association_fallacy

I just showed the style is NOT the same.

Sled - 0 trial, 1 Orphan Drug
IPIX - 8 trials (6 successful), 1 QIDP, 1 Fast Track, 3 Orphan Drugs

Diwan - wife on payroll
Leo & Dr. Menon - deferred salaries for four years

It’s not unusual to take a decade or more for a biotech to get its first deal. Such is life in drug development. It took Pharmacyclics 15 years to get their first deal. Before the deal, there were many posts similar to yours. Were they a scam?