Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

“Leo should return IPIX cash to the shareholders”

Instead of which he gave more than 50% of IPIX’ cash runway - 4 million bucks- to a couple of his Israeli buddies and converted IPIX into a MedTech Venture Capital “investment”company with only one bet.

All that without so much as a by-your-leave to his long-suffering shareholders (or marks as he likes to call them).

In reality I think we can rest assured a goodly portion of that $4 million has already found its way into Mr. Ehrlich’s capacious, not to say rapacious, pockets.