Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

I have a little problem with IPIX share sales pattern



Above are share sales volumes and proceeds as stated in the 2 latest IPIX 10-Q plus share volume and price info from Yahoo finance. Some observations

1. The drop in share volume from 2017-Q4 to 2018-Q1 can be attributed almost completely to decline in Aspire sales.
2. Somehow Aspire managed to sell nearly 7 million shares with nary a drop in share price during 2017-Q4 (Yes, probably prevented price going up, but that is not the point here)

But those are not what I have a problem with. THIS IS:
Do you see any evidence in share sales that
1. IPIX was preparing for going alone with B. Or even for possibility of that happening as one would expect even from semi-clueless management?
2. IPIX anticipated any sort spending increase in the near future, like in the next quarter, during 2018-Q1?

To me it seems that IPIX could have easily sold at least 2 to 3 million additional shares for one cool $ million or so during the early part of Q1 without pushing the share price drastically down. As evidenced by share price being at $ 0.73 at the end of january with monthly volume over 5 million shares. Price decline started in February as did volume drop to 3 to 4 million level. Well, they didn't. And that mystifies me.
What am I missing, again?