Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

As we flirt with new lows it seems reality is setting in even on other staunchly pro-IPIX boards.

Its tough watching long timers realize they can have a loss even if they don't sell and things aren't just going to work out.

Now that his loan is fully paid off, Leo should be reducing his salary down to a level commensurate with his performance. If he did this some would believe he honestly has the shareholders interests at heart.

For now though, he milks us while making little progress and decimating shareholder value.

Do the right thing Leo.