Innovation Pharmaceuticals Inc (IPIX)

[To infinity and beyond!]

1-promises promises in part rhetorical referring to the song and not actual PR saying "I promise you that..." Right? All talk and no game? That is our CEO.

2-we were never told the grant was turned down. How do you know? Leo never actually informs anyone of bad news.

3-too soon? Was that the problem? If that was the only problem he could have resubmitted t any time incl now. We have no idea why the grant failed. None. Nor will we ever. Leo never explains failure.

4-other viral tests unknown- of course it is unknown. Leo says they will do it and then there is no follow up. Sound familiar? Um, yeah, kinda.

5-UC trial may depend on COVID trial- completely agree. If B v C succeeds Leo can fund anything and if it fails then B for UC could vanish

6-we all expect the COVID trial to start and that is not the point at all. The point is the CEO cannot even reliably tell shareholders when that will happen and misses deadline after deadline. If the trial had been done in Oct imagine what the company would look like now if B is any good v C. But no trial yet.

7- timing is critical and Leo has failed us here. Yest announcement of prelim data for budesonide inhaler decreasing hospitalizations. Of course(duh)more than one therapeutic is need in the COVID fight and B will have a big place if it works. But every new helpful therapy does impact the B market and our share value.

8-the silly notion that IP and Leo started the trial without announcing it keeps surfacing. Why? It is transparent nonsense. Of course he will announce the trial start and the trial enrollment and interim data if it is any good