Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"After the grace period, IPIX gets demoted to the expert market.
This means, us regular retail investors can no longer trade IPIX!"

Are you sure of that second sentence?
The Rule 15c2-11 stuff is over my head (and the things I own don't require an understanding of it) but the link that you provided says this:
"Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.
Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e. bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security."

I know that there was a delay in the implementation of the Rule changes and that the linked article is from March 25, 2021, so I don't know if the comments therein are still relevant, but it clearly says that the Expert Market does not impose restrictions on who can trade securities and that the rule does not apply to the ability of an investor to buy or sell a security. If that's true then this isn't:
"After the grace period, IPIX gets demoted to the expert market.
This means, us regular retail investors can no longer trade IPIX! "
So please double check that assertion. I know that if I made it and it turned out to be in error the crap I'd catch would be relentless.

IF the quoted blog is still accurate I believe it says that retail investors WILL be able to trade the shares but will have to do so without the benefit of published quotes.

In any case this is definitely true and time's a'wastin': "Last Day of Grace Period: 04/16/2024"