Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

I also had not heard of MFO prior to investing in IPIX.

Usually, once a company goes public, the stock exchange you're listed on should provide optimal funding for the company. We overplayed our hand and both the volume and the goodwill of the market dried up on us. This forced us to use a third party, the MFO, to buy shares from IPIX at the volumes required to survive.

This is what happens when you have an accountant as the CEO of an emerging biotech company. Penny wise, pound foolish. Waiting for Locust Walk to bail us out of this mess.

Go IPIX!