Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

That in no way is proof that the MFO is selling or not selling. An MFO is not a single entity buying and selling. Rather it is a single office representing multiple accounts and assets of multiple families. So, the MFO could hold IPIX in a single joint ownership, or divide those assets into family allotments. Any one family can hold or sell independently of the others.

A collectively negotiated deal held individually would not necessarily trigger a 5% filing.