Innovation Pharmaceuticals Inc (IPIX)

[kfcyahoo]

The way I read the 8k, in order to be entitled to any milestone monies, the closing price, on the day of any of those potential announcements, must be 50 cents or higher.

Aspire net sp will be the 5 day average price. Currently(through yesterday), the 5 day average sp is $0.4462. If an announcement were made today and the sp closes at $.50, Aspire´s 5 day average price would be $.4534(nearly 10% below the closing price). If an announcement were made today and the sp cloed at .49, Aspire is not obligated.