Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

That’s bullshit. 5% VWAP is very favorable. Most other sources receive a discount from 10% to 30% up to as much as 50%. Pros know this. Now that is toxic financing. 5% is nothing.

That $6 million is nothing is especially true when any one of the Brilacidin indications, UP or OM, will fetch $25 million to $100 million upfront—at their current stage of development. Those are the facts.