Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

I saw your post (of course) and could use some help understanding the closing transaction part of the e-Trade policy.
The "opening transactions in “Expert Market” securities are not permitted" part is easy enough. E-Trade doesn't want to open any new positions in any troublesome shares that are likely to provide them negligible profits. Current holders should understand that no new buyers equals no reasonable expectation of price appreciation. I expect that this aspect of ET's policy is widely shared in the brokerage community.
This is less clear:
"closing transactions in “Expert Market” securities will only be permitted under limited circumstances, subject to certain qualifications and restrictions."
What limited circumstances and restrictions do you think they're contemplating? Does that mean that they'll take a Sell order as usual unless it closes the customers position? It sounds like an IPIX holder who wants out has until Tuesday to understand what they mean.