Innovation Pharmaceuticals Inc (IPIX)

[kfcyahoo]

¨per the agreement the share price would be allowed to count on the next trading day. So Monday would count and any news at this point squeezes and will reach .50 in a second. I don’t want these milestone shares if we are going to close a deal in the next 30 days.
Let’s stay at 163¨

That´s not how I read it but hope you´re right. Could you explain your interpretation of it?

Thx

ps- per the 6/29/18 prospectus filing,
https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing.asp?data=B64ENCeyJEb2N1bWVudEtleSI6IjEzNy0wMDAxNDc3OTMyMTgwMDMyNTItN1MwVjNBTzZWMjcwQzBTUDUzNkVWTDJTODAiLCJGT1JNQVQiOiJIVE0iLCJGT1JNX1RZUEUiOiI0MjRCNSIsIkRvY3VtZW50RGF0ZV9mIjoiNi8yOC8yMDE4In0%3d&c_name=invest_VENDOR,

Appears, as of the execution of the 6/29/18 filing noted above, that the outstanding shares out there are 176.2 million shares, not 163M as you note. Just for the record.

Back to the above quote,¨¨per the agreement the share price would be allowed to count on the next trading day. So Monday would count and any news at this point squeezes and will reach .50 in a second. I don’t want these milestone shares if we are going to close a deal in the next 30 days. That´s not how I read it but hope you´re right. Could you explain your interpretation of it?

Thx