Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

A big chunk of the increase in common shares highlighted by the op was the conversion of preferred shares. The 10k posted on 9/14/20 shows the conversion from preferred shares to common stock of 116,319,790 shares at an average of $.0422 per share. Total of $4,917,000.

It would have been a good problem to have if he was able to place shares at $0.20!