Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

Pete, the short interest was 466,169 shares as of 5/13. That's 0.1% of the total OS.

https://otce.finra.org/otce/equityShortInterest

The latest fails-to-deliver number was 5,290 shares as of 5/12.

20220512|45782D100|IPIX|5290|INNOVATION PHARMACEU|0.03

https://www.sec.gov/data/foiadocsfailsdatahtm

It takes two to make a deal. Your post sounds like Leo had plenty of offers to choose from and he's waiting for the best one. In the past he hyped about a term sheet or hiring Locust Walk. Now he stopped basically everything except his paychecks.

Hope Leo is wise enough to realize the only hope left at getting any value out of IPIX is to make a deal and not to wait for the "ultimate" deal but any decent offer.