Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

KarinCA, I agree and would like to add this mindbender:

The fun does not end with BTD application being re-submittable under certain conditions. It looks like IPIX is under NO legal obligation to disclose what is happening with BTD, prurisol P2b trial results and possibly even with the partnership deal as long as the company (obviously includes management individually) adheres to what is essentially stated in the latest purchase agreement with Aspire, under Restriction on Sales of Capital Stock.

In addition, in order to avoid future complications (legal problems) it is advisable to abstain making any public comments relating to status of BTD, prurisol p2b trial results and possibly even partnership negotiations until definitive disclosures.

In short: as long as IPIX stays silent it can legally stay silent. But one public peep on wrong topic or even a hint of certain financial maneuvers might force a disclosure. Meanwhile, all we can do is to speculate about what is likely or not with all whys available to our imaginations.