Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"I think he's right around 17-18 million shares"

As of 6/30/18:
"Includes (i) 7,335,002 shares of Class A common stock held directly by Mr. Ehrlich, (ii) 2,752,310 shares of Class A common stock held by Mr. Ehrlich’s spouse, (iii) 4,141,176 shares of Class A common stock into which a convertible loan in the amount of $2,022,264 and accrued interest $48,324 may be converted at $0.50 per share, (iv) vested options to purchase 2,000,000 shares of Class A common stock granted to Mr. Ehrlich under the 2010 Equity Incentive Plan and (v) vested options to purchase 18,000,000 shares of Class B common stock granted to Mr. Ehrlich under the 2010 Equity Incentive Plan. Each share of Class A common stock carries one vote and each share of Class B common stock carries ten votes on all matters before the Company’s stockholders. Class B common stock is convertible into shares of Class A common stock at the holder’s election."
https://www.sec.gov/Archives/edgar/data/1355250/000147793218004457/ipix_10k.htm#ITEM%2012.%20SECURITY%20OWNERSHIP%20OF%20CERTAIN%20BENEFICIAL%20OWNERS%20AND%20MANAGEMENT%20AND%20RELATED%20STOCKHOLDER%20MATTER
p.92

(iii),(iv) and (v) shares don't qualify for this purpose:
"for purposes of determining status as a ten percent holder, a person is deemed to beneficially own securities over which that person exercises voting or investment control"
https://www.sec.gov/files/form4data%2C0.pdf