Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

Thanks.

So we learn from this 8-K, part of which was several days overdue, that the BoD of IPIX now consists of a single Director, Leo Ehrlich himself.

While in terms of Corporate Governance it leaves a little to be desired, at least Leo will have even less resistance to setting his own remuneration at whatever level he chooses.

He already receives annual remuneration in excess of $600,000 for the fine job he’s doing, but I see a substantial rise on the cards.