Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

The number of shares has never been under 100 million for IPIX or CTIX. The company began as CTIX with issuing 100 million shares. From 100 million shares to under 500 million shares in 12 years while funding a dozen trials is actually somewhat rare or even unprecedented in biopharma land.

Their mindset is still at 10 years ago when the total OS was under 100M and the daily volume was under 100K shares.