Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

Drunken Irishmen? If that is you commenting about IPIX and their Management, you just proved who you are. Leo and Dr Menon got together with one goal. Kill cancer.
They have done nothing but been remarkable in every way. Leo has been the most frugal ceo of a biotech I have ever seen.
In 2012- the company had zero dollars in financing. They had under 100k in cash. They had zero clinical trials. They had only K and P. K was going to start phase 1 in late 2012 when Aspire was brought in under the first agreement. There were just under 100 million shares Outstanding. The share price was .70ish!!!!!!!!!!

Fast forward 6 years!!! OS about 140 million. We captured the B franchise for about 5 million. IPIX has over a million in cash. IPIX has successfully completed: phase 2b absssi, phase 1 Kevetrin, phase 2 poc B-UP, phase 2 b-OM, phase 2 P, crossover phase 1 P:
Pending results; Phase 2b P, and phase 2 Ovarian K

That is 8 human mid stage clinical trials. NOT ONE HAS FAILED!!! The shares have increased by 40 million to pay for 8 trials and pick up a huge franchise of drugs.

I’d say that is very responsible and no where near a drunk Irishman.

By the way. The share price is about the same with all that progress.

I can go into all the designations they have received. ???? But you will still state your opinion on preferred shares. Lol.