Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

There appears to be a lot of silliness here.

Massive reverse splits, taking the company private, $0.50 buyouts, etc. None of this has any basis in reality from any of the company guidance.

We have been on the ropes, no doubt. It has obviously been a painful year both for the stock price, the balance sheet, and the pipeline. We have been battered with funding issues, a drug failure, and many missed milestones.

All is not lost though. The 2018 round bell rings to close it out on Monday and we take our seat in the corner to collect ourselves. The blood of Prurisol and other shortcomings is being wiped from our eyes (and the website!). We take a refreshing drink from the bottle of EOP2 waters. We wait for the coach to lay out badly needed plan for us.

The 2019 bell will ring soon and we will come out swinging. We just need to land one punch. Something to get us back into the fight.

There is always hope.

$IPIX Deal Coming. 2019.