Innovation Pharmaceuticals Inc (IPIX)

[petemantx]

This is a good beginning for IPIX in terms of deal signings, but it is just the first and IMO by far the least of deals the company will sign. I look at this as another step in our progress forward, a path that has run straight and true for all of 2019. This is not a knock on the current deal, just a guide that later deals will be much, much larger as by then we will have a pill for Brilacidin for the rest of the IBD markets, we will have perfected a pill for Kevetrin (opening up many, many billions in possible complementary licenses for current cancer treatment drugs), and management will be in a far more favorable situation in regards to negotiations for indications to include OM, B-dermatology, and other indications which I am sure they have been looking at but haven't had the funds to do anything about yet.

The share price improvement to the level we expect will not happen overnight with this deal, but it stops the need for future dilution of shares and anyone in their right mind can see IPIX is on the road to success so more and more institutional money may start coming in though that is still a ways down the line IMO.

Those still spouting negative comments should be totally discounted and I recommend if one is a true long to stop listening to their words completely as they have become irrelevant.

Hope your summer has improved tremendously with today's news.