Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

What I learned on the IPIX board today

10Q filing extension was submitted by IPIX. Reasons have to do with clinical trial developments. Disclosure of this seen as a positive.

Hedge fund named after New York area based out of Miami - probably Russian-owned based on locations recently acquired large amount of IPIX stock.

B-COVID clincial trials ongoing in USA and probably Russia.

IPIX clinical trial coordinator is a former Sanofi staffer.

Sanofi has large presence in Russia.

Sanofi has $14B in cash.

Russian mobsters and/or KGB may have trial info which may have spurred a large purchase of IPIX.

Often times a reason for an extension of 10Q is for merger/acquisition or other major event.

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So let me piece this together in to the potential (potentially fictional) narrative we are hoping for:

Sanofi may have wanted a B-COVID trial set up in Russia. Sanofi staffer may have been hired to accomplish this with unoffical guidance from Sanofi. Sanofi has a large pool of cash and needs to deepen its pipeline. On the side, a potentially Russian-owned hedge fund recently acquired a large amount of IPIX stock possibly based on a tip from the Russian mob/KGB who may have obtained knowledge of how the trial is going. We now have an extension of a 10Q which may be indicative of a deal of some kind pending for IPIX.

How'd I do? What did I miss? It's like a James Bond movie on the board today.

Go IPIX!