Innovation Pharmaceuticals Inc (IPIX)

[CallMeCrazy]

In the past Leo has stated he wants to be the next REGN, a company built on many partnerships. As I interpret Leo's past statements, Leo isn't interested in doing reverse splits or selling the company.

Leo has walked several indications up to phase 3, where they are "idling" and this pattern is consistent with a strategy centered around partnering.

The ultimate game plan is in Leo's head and all we are left to interpret are his words and deeds. I think IPIX's largest shareholder, who gave a boatload of shares to his synagogue, wants to remain in charge of charting IPIX's path to success.

LET ME BE BLUNT: Everything has a price and that includes IPIX, BUT, I don't think any pharmaceutical suitor will pay the price that LEO thinks IPIX is worth. I think LEO values IPIX differently than lesser informed investors.

What idiot would sell IPIX, with potentially several multi-billion dollar indications, for a billion dollars (that would roughly equate to $3 a share)?

LEO'S BOTTOM LINE:

NO REVERSE SPLITS/NO SELLING OF THE COMPANY.

The fudsters realize this and now want us to believe that Leo will sell the company and that the company is only worth a few bucks.