Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

I don't know about the other guys, but here are my thoughts.

A. "burn the shorts"
OTCMarkets lists short interest at 18,008 shares on 3/28/24. There are no shorts to be burned.
In the scenario other posters have put forward in the past (maybe you put it forward too), the shorts are not only naked, but invisible. They exist in a dark alternative trading universe. I don't buy that.

B. "merging into a public company"
Why not look at what the majority owners of BeaMedical have done with their previous company, neoLaser? neoLaser was founded over 10 years ago. Did Shapiro and Eshkol take neoLaser public? No. Why do you think they want to take this one public?
If BeaMedical wants to merge, why not merge in Israel?

C. "people in the know can still buy", "that is who is buying"
There are 514,013,755 shares outstanding (per 10-Q for period ended Sept 30, 2023). Trading 500,000 shares per day represents 0.1% of the shares outstanding. At a share price of $0.015 it represents $7,500 per day. It’s peanuts.
Why are the people in the know not buying buckets of this undervalued stock? If the stock should be valued at $1.00/sh what difference does it make if you pay $0.02, or $0.03, or $0.05/share? The demand isn't there.

IPIX had a string of bad events and their response was to go silent. Their silence resulted in their stock being restricted. I can't spin that into a positive. I don't understand how you're able to do it.