Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

Karin, the same agreement also seems to allow multi-day purchase orders where the final dollar amount or price per share will be known only after Aspire has purchased all shares in question. The volume and share price for each day's purchase seems to be calculated daily based on market volume and price on the day until the whole purchase is completed. That stuff is in VWAP paragraphs. It is convoluted enough to give me a headache - so I am not totally certain of my conclusions.

Then the question becomes how you report final price if the sale is not yet completed? Since April 1, 2018 total sales volume is about 7.5 million shares. There is no way to price all 8 million shares on that.