Innovation Pharmaceuticals Inc (IPIX)

[TheBunny]

Most realistic and detailed Post of the Day regarding Leo's 'behavior patterns'. - Congrats to JTORENCE.

The point is that you never really know where Leo stands. The constant railing about nefarious forces (we don't have it yet) by Leo gets old and appears as an attempt to obfuscate issues as an excuse for lack of transparency. I know that others who have spoken with Leo have encountered similar soliloquies. It gets old real fast.

Where is the "P" data update? A response by Leo saying it's out of their hands is completely disingenuous. And his statements on time lines are clearly contradictory. It is certainly reasonable to surmise that the "P" data contains nothing earth shattering but is promising so stay tuned, yada, yada, yada. If the data were that good, that "interesting", trust me, a top tier BP would pounce on it. The best you can do is "We don't know yet Puhleeeeeze. I am certain that if, for example if "B" results and "P" data are that good, BP would be falling all over themselves to get the scoop. The apologia that I read on this MB and Leo's excuses are completely unconvincing. Rather, they engender doubts about how really good and "interesting" the data is. It might appeal to the medical community but not necessarily to the investing public at large/Wall Street. And the latter are very important if IPIX management wants to reach one of its objectives in releasing the "P" data in the first place---raising the pps. After the next funding raise how do you think investors would feel with another raise at today's closing price? Further, Leo PR'd that the "P" data would be released 3rd quarter 2017 then first quarter 2018 now it's 2nd quarte 2018 which ends in about 5 weeks. So here we are well into the second quarter and all we hear is Crickets. There is a lot simmering to a boil and investors' patience and good will, large and small, are wearing thin. If IPIX believes they have a lengthy get out of jail card, they have a very weird sense of judgement.
It is time for Leo/management to produce. Bottom line, if IPIX is going to publish "P" data get it done NOW. No more "its out of our hands" excuses. And, the contents had better be compelling. Any less than that, management is not only shooting itself in the foot but also in the head. If they decide not to release because the data by now is so-so, fine, but then tell us what they are gonna do without equivocation. They gotta deliver at least before the end of the second quarter if not sooner. I am sure other shareholders will join me in exclaiming enough is enough.