Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"Where you stopped reading is where investors started reading."

I guess you're the spokesperson for investors.
The fact is that "Go,JFM!" misrepresented what I said. If the people you purport to represent understood and agreed with the substance of his post both you and they didn't understand mine.

In fact he said the same thing that I did and then suggested that I was mistaken:
The RBL could have been paid by IPIX without nullifying the RBL's independence.
The Data Monitoring committee is "independent".
The Company's auditors are "independent".
Both entities are paid by IPIX.

We would know how IPIX spent their R&D money, their largest operating expense by far, if they saw fit to tell us. So far they haven't.
How much is being spent on the current trial, for instance? Is that too much to ask? Based on its own public information reporting the Company seems to think so.
Now it's time for you to tell me that investors don't care about that.

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001355250&owner=include&count=40
http://www.ipharminc.com/press-release