Innovation Pharmaceuticals Inc (IPIX)

[shazamm]

I’m no expert, nor a rookie to equities, but yesterday’s am action is way over my pay grade. Anyone that has an explanation & feels like sharing, I’m certainly interested. We open with a full tank of Gatorade & go straight to .35 on great volume and then we were spent & exhausted! my main curiosity points are:

* What’s the best likely description of the buyers en route to .35 (retail individuals who’ve been considering a new or increased investment in IPIX?) & the same for the sellers on the u-turn back to low .30’s (MM manipulation and /or paid sellers representing an industry that does not want a bio-pharma pup messing with their cheese?) I’m current with all the otc manipulation talk & questionable, at best, mm’s who seem to have their own otc printing press since no one is watching or regulating them. Was yesterday am just more of this or possibly something else?
* Lastly, is this Wild Wild West otc behavior just as blatant on the OTCQX as it seems to be on the OTCQB? Just bringing this up in case it would help IPIX to jump up one notch to the top of the three otc tiers, assuming the company qualifies & can check all the boxes for OTCQX. I realize NASDAQ, or better, is the ultimate destination, simply curious if anyone knows about moving up one step while we are temporarily stuck with the OTC.

Thanks in advance for anyone willing to take the time to comment & as always, GO IPIX GO!