Innovation Pharmaceuticals Inc (IPIX)

[realscottsmith]

Food for thought?

“Piercing the veil, also known as "piercing the corporate veil" refers to a situation in which courts put aside limited liability and hold a corporation's shareholders or directors personally liable for the corporation's actions or debts. Veil piercing is most common in close corporations.”

https://www.law.cornell.edu/wex/piercing_the_veil#:~:text=Primary%20tabs,most%20common%20in%20close%20corporations.