Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

Well you're talking about success that is 5-10x our all time high market cap that we have yet to achieve.

Part of the problem is he and the directors got together and put this plan together right at the cusp of apparent success.

Isn't his $400K+ salary and the resulting appreciation of his millions of shares (at $10B market cap it will be 10's of millions for Leo on his free shares)?

The problem is he put the plan into place with no vote from shareholders. He maintains his block's voting majority in a ridiculous cycle of compensation plans.

The sheer scale of opening up the possibility of 200,000,000 shares (almost half the current company) being awarded is just crazy. The previous plan was 20,000,000.

Nutty.

Go IPIX!