Innovation Pharmaceuticals Inc (IPIX)

[Brinjal]

I like your optimism here, but I must admit the 8K dented my outlook towards this stock this morning. I have been bullish all along but not today, and tend to agree with Lemoncat's post here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160092746

I think we could have waited till the trial results to buoy our stock before going for another round of financing. This dilution will add, in the worst case, a quarter to our outstanding. I don't think this is a good place to be in. We have enough product for further trials, if need be, so why this rush?