Innovation Pharmaceuticals Inc (IPIX)

[FarmaZutical]

Karin, you have met Leo on several occasions if my memory serves me correct. I trust your assessment of character so I’d like to ask you how you view him now. I know you used to hold him in high regard but given the current state of the company, the missed milestones and how it was buried under a rug, the shady financing deal involving his son and all the other fluff PRs that IMO now stand out as particularly shady in the rear mirror, how do you see him now ?

Personally, I only blame myself. I’ve always had a bad feeling about his character but I gave him the benefit of the doubt and invested anyway. Now, I’ve come to the conclusion that he is an amateurish used car salesman not capable of running a company. I might even think he’s a fraud but I’d like to be proven wrong.