Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

Bradfordbros, you may have gotten me wrong. I still think that there is possibility that
A. IPIX made a purchase order which will take Aspire days to execute: "Dear Aspire, we need X million dollars. Please don't cry."
B. According to Purchase Agreement IPIX is obliged to provide Aspire immediately enough shares to cover the whole purchase order: "This should make you feel better. Here are the Y number of shares we think will be sufficient to get us that X million dollars. Now blow your nose and go to work."
C. Money starts to trickle back to IPIX.

10-Q uses the word 'proceedings' to describe the transaction. That's a tricky word and can mean a lump sum payment for 8 million shares or so far received payment from ongoing purchase of 8 million shares.

In any case, I think it would be beneficial to IPIX if Leo would provide clarification.