Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

"Past history of a huge amount of positive progress"

The problem with that statement is that either:

A) CTIX/IPIX does not have a past history of a huge amount of positive progress. This means the CEO is delusional and does not have a good grip on what is good progress/value and what is bad.

OR

B) CTIX/IPIX does have a past history of a huge amount of positive progress. This means that despite all that progress, the CEO is able to deliver a quadrupling of the share count, a 95% decline from highs in the stock price, a 80% decline in market cap using those results, and a $420K return on over $100M in investment so far.


So it doesn't have any bearing on the COVID-19 trial but the market thinks the past does not bode well for doing anything useful for shareholders with those COVID results.

Let's hope Leo can prove the market wrong. Please finally get one right Leo.

Go IPIX!