Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

So it seems that your answer to "Can you show the math that the Company used to get to that number?" is NO.

And you don't know that this is true:
"Anyone who doesn't own shares of IPIX cannot participate in any ownership interest in BeaMed Tech."
Does their agreement with IPIX preclude them from sharing ownership with anyone else?

Just because BeaMed doesn't offer shares on the open market doesn't mean that they can't be offered privately. For all we know they may have done so already.
Did the 10Q describe BeaMed's stockholder's equity status as of the 12/31 date of the report?
It did say this:
"On January 9, 2023, the Company announced BTL and Shina Systems Ltd., a company specializing in medical imaging software platforms, entered into a definitive strategic agreement."
What were the terms of that agreement? Did Shina get some BeaMed equity in the deal? FYI, as of the signing of the IPIX/BeaMed preferred deal we knew this, but we don't know if it's still true:

"3.12.1 Material Agreements. Except for the Transaction Agreements and other than as set forth in Section 3.12.1 of the Disclosure Schedule, there are no agreements, understandings, instruments, contracts or proposed transactions to which the Company is a party or by which it is bound that involve (i) obligations (contingent or otherwise) of, or payments to, the Company in excess of $25,000, (ii) the license of any patent, copyright, trademark, trade secret or other proprietary right to or from the Company, (iii) the grant of rights to manufacture, produce, assemble, license, market, or sell its products to any other person that limit the Company’s exclusive right to develop, manufacture, assemble, distribute, market or sell its products, or (iv) indemnification by the Company with respect to infringements of proprietary rights."



I'm just asking questions to which I don't know the answers and I don't think that you do either.
"Anyone who doesn't own shares of IPIX cannot participate in any ownership interest in BeaMed Tech." Sez you. Things change.