Innovation Pharmaceuticals Inc (IPIX)

[Suvorov]

In IPIX "Risk management is far more important."

'Scottsmith' you are exactly proving my point.

To manage risk one mustn't overlook the potential huge risk of the IPIX $10MM pref. shares turning into a weaponized convertible debenture which would destroy shareholder value.

Objectivity is even more crucial when you are trying to handicap 'story stocks'; the balance sheet must be COMPLETELY devoid of potential financial trickery which, unfortunately, the IPIX balance sheet is not.

Thanks for the note..

Good luck on your trades.

IMO.