Innovation Pharmaceuticals Inc (IPIX)

[Hugon]

The only thing gettin in the way of the $2.50
Run now in 47 days is the possibility of management selling into the market to “raise”
More millions of bucks and thus thwarting any gains/movement. As long as management can’t monetize their Covid asset or get any sort of non dilutive funds, they will do the only tactic they know how to do: keep hitting their own SELL button. They seem to not care about shareholders, and also believe that some
Phase 3 Oral Mucositis trial will suddenly transform them into a Phase 3 company with gross respect. In earnest, there are tons of Phase 3 and approval companies with no respect.

They have touted brilacidin Covid as the end all be all cure and thus if so, it makes ZERO sense to keep diluting, unless of course Managamemt is afraid of failing and wants to pad their salaries for years to come. If so, wow, this is Nnvc.

2.50 is in the cards ONLY if management stops selling stock and/or working with slimey funders.

Ya love your salary or you love your shareholders? Or is this one big game?