Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

Sometimes people have been ousted because they ended up opposing a deal favored by CEO. Sometimes investors demand that their person will replace a person in management. IPIX has avoided venture capital like plague up to this point (or vice versa). Maybe IPIX can't anymore and because of that we have management shuffle followed by private placement. Of course I don't have any firm evidence to support any of this.

That's it. Now I wait schooling from LR. We have this lovely tradition: I ignore or misunderstand something (or several things) and get terse educational note from LR.