Innovation Pharmaceuticals Inc (IPIX)

[frrol]

Yes, management says what they can say and what is accurate to say. One should only read into it what is reasonable and reliable. A lot of folks go way overboard. They mislead themselves, and others. Time and again.

B may get BTD. We have a meeting with the FDA. That could be next week or next month. And they may say no BTD but keep going to Phase 3. I'm very confident of the latter, for sure. There was pretty clear efficacy signal, and OM needs therapy options. They may say BTD. We'll see.

The P 2B is taking longer than expected to wrap up. Not unusual. Jury out, and company has no clue on results. Don't listen to anyone who says otherwise. They are truly clueless.

K needs a pill. We had to abandon our 2A because the dosing was inadequate and cash is tight. We even had to lay people off and cut Menon's pay.

Hang in there everyone. If you thought biotech was a short walk in the park, everything can be a learning experience.