Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

The main problem here is a lack of transparency between Leo and shareholder. One tiny update on the state of business the past year which was a few sentences is a clear middle finger. Simple, what’s the strategy beyond next week? Have they given up and are up for sale? Sure seems that way with phase 2 results the last hope. No financial updates in years same for shareholder meetings. Last employee hiring? What the hell happened to Locust Walk and Alphasigma? If Leo wants to be taken serious by the investment world the past 3 years has been a disaster. So everything hinges on good data to somehow sell this wreck so shareholders can get some capital back. All signs point to more disappointment which has been evident by the accountants actions. Does IPIX have a plan past the next round of direct deposits to Jane/Leo? Door finally closing on this example of what’s wrong with our financial system. Reward inept self appointed CEOs who abused the financial system with millions of dollars gained by deceptive tactics in press releases. The archives do not lie.... Billions often mentioned, tremendous, Gold Standard, month to remember, OM no treatment out there, Prurisol comparisons to Otezla and on and on!!! This was all happening before any phase 3 trial has ever been planned. A prison cell should be reserved for the accountant but somehow this criminal will crawl away unharmed.