Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

If I'd have a dollar for every time Leo made that Statement

Then you’d have one dollar.

It’s the first time he’s announced his intention to make IPIX go dark, as it’s known colloquially:

“The deregistration process or “going dark” is the process by which a company that is subject to reporting to the Securities and Exchange Commission(“SEC”), pursuant to Section 12 of Securities Exchange Act of 1934 (the “1934 Act”) deregisters from these requirements and becomes a private company.”

https://www.blankrome.com/publications/going-dark-considerations-process-and-timing#:~:text=The%20deregistration%20process%20or%20%E2%80%9Cgoing,and%20becomes%20a%20private%20company.

As The Hound so eloquently puts it, it means shareholders are screwed.

It’s exactly what I have been forecasting for some time now as Leo’s exit strategy from this palpable scam.