Innovation Pharmaceuticals Inc (IPIX)

[wsbc]

As I mentioned: I believe in the science.. My questions relate to the business structure and management and deal-making concerns. Running a business has literally nothing to do with the science of the products. Making a balance sheet work, negotiating a deal, and being willing to restructure debt etc, are different skills entirely.

I'm a Biologist (educational background), but with business school on top of it... along with a handful of other successful business ventures behind me. Science is science. Business is business. You can be great at science and not so great at business... and that's OK. But surrounding yourself with folks who KNOW how to walk through a deal, rescue a business in trouble etc, are necessary things on occasion (independent of the goings-on in the lab). This is one of those occasions where some critical decisions need to be made, and I'm hoping there aren't egos in the room clouding judgment for the sake of all involved (shareholders, recipients of possible drugs in pipeline etc).

Current share price does not reflect the value of IPIX and for those who say they are in it for the science and keeps questioning / bashing management, just remember it is management, who brought us the science. Just keep in mind you are the target of negative reflections, bashers love it when longs join them in their attacks. All in here!