Innovation Pharmaceuticals Inc (IPIX)

[farrell90]

Post of the day. Thanks for bringing some clarity to the issue of the prospective value of Brilacin. The value of Brilacidin will be based on what it is worth to the potential buyer{s}.

It will have little to do with how many shares IPIX has outstanding or that IPIX sold for 5 cents a few months ago or how much was paid in the past for products developed by small OTC companies.

The value of Brilacidin will depend very much on its ability to impact a pandemic which has cost trillions of dollars, infected tens of million of people and resulted in the deaths of over 5 million people.

It is simple if the phase 2 study of brilacidin for covid19 is strongly positive it will be virtually priceless; if it doesn't work for covid, IPIX will be seeking other uses for Brilacidin.

Remember an effective antiviral for moderate to severe covid does not currently exist.

Why would investors attempt to under estimate Brilacidin's value?

Thanks for the post,

Farrell

"Totally irrelevant in respect to an artificially depressed and very poorly managed asset from a capital and governance perspective.

If it turns out that there is gold here, it's worth gold, and the current price is effectively irrelevant in a bidding war to acquire said asset. Why sell yourself short on the outcome based on premium comps. If you think like this, we should all pray that you aren't Leo!"