Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

“IPIX still has life.”

Not for the poor saps holding this sorry scam, it doesn’t.

If Leo’s audacious decision to gift $4 million of his shareholders’ cash to his Israeli buddies rather than invest in his own pipeline didn’t signal that the IPIX jig is up to the bagholders, then I don’t know what would.

I wonder what Leo’s quid pro quo was for this cash grab? 50%? 75%?

The IPIX shell has value for its crooked “management” and their paid pimps, but not for anyone else.