Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

Like BK said - this is not a good example or comparison. This company is a difersified bank of product/licenses - it is not the creator of blockbuster drugs, they partner and license and the majority of their licenses are under 1% of sales if sales exceed 25 million - so as BK said this company actually makes very little money in comparison to what IPIX could potentially be making.

I am not dogging them at all as it's a very unique BIO - it says it in it's caption on the webiste:

Our business model creates value for stockholders by providing a diversified portfolio of biotech and pharmaceutical product revenue streams that are supported by an efficient and low corporate cost structure. Our goal is to offer investors an opportunity to participate in the promise of the biotech industry in a profitable, diversified and lower-risk business than a typical biotech company.