Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Management has had plenty of time the last 3 years to issue those shares to themselves and others and then reverse split. Instead, they have issued only enough shares to finance trials, business costs and salaries. Warrants have also been kept to a minimum. This is not one of your typical scam pink sheets. This is a real Biopharma, with 6 drugs in clinical trials, and still only spending 12-15 million a year.