Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

That content is mostly garbage and misinformation, including this:

"Once the hedge funds are forced to initiate the covering of their NSS position, the unravelling will accelerate IPIX"

The "hedge funds" don't have a short position in IPIX, naked or otherwise.

It's just a ridiculous conspiracy theory you often see on penny stocks, especially scams, to disguise the incompetence of the management and/or to draw attention away from toxic financing and insider selling.

Such bogus claims are a huge red flag for real investors who actually know how the penny stock sewer works.

The real short interest is 2,474,987 shares and the complete absence of FTDs means no naked shorting is taking place:

https://www.otcmarkets.com/stock/IPIX/security