Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Same question to you then:

No press release, Form 8-K or shareholder letter has been issued to provide public notice that the Company has had a Massachusetts Superior Court judgment assessed against it for an amount of cash ("$810,251.36, minus IPI's $77,600 security deposit, plus eighteen percent per annum interest owing since the date of default, January 17, 2020.") well in excess of the cash it reported in its latest filing ($864,000). Obviously payment of that judgment would be impossible under that circumstance.

Is that condition and the failure to provide public notice of it acceptable to you as a shareholder?