Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"There were 163,103,927 and -0- shares, respectively, of the registrant’s $0.0001 par value Class A and Class B common stock outstanding as of August 27, 2018."
https://www.sec.gov/Archives/edgar/data/1355250/000147793218004457/ipix_10k.htm

"Except as otherwise indicated, all information in the prospectus supplement, including the number of shares of common stock outstanding immediately after this offering (as you quoted...176.2 million shares"), assumes no exercise of the commitment warrants and that the additional securities consist of 13.2 million shares of common stock at a price of $0.38 per share."
(per your link)

The 13.2M shares at $.38 are the milestone share ($5M) which obviously haven't been issued.

Last I checked 160M is a lot closer to 163M than 176M is.
"Please explain this, can you?"
I did. And this is advice that we ALL might want to consider:
"Why would any NEW INVESTOR BELIEVE A WORD YOU POST if you are incapable of counting, or SIMPLE research and memory? Numbers matter."