Innovation Pharmaceuticals Inc (IPIX)

[keltoi]

Also from Leo

See below , Kelt

From: Leo Ehrlich
Date: 7/25/2012 2:10:27 PM
To: James Maffei , Sr.
Subject: Re: IHUB


It is important that when considering a strategy for Prurisol take into account that management interests are aligned with stockholders. Dr Menon and I are large stockholders of CTIX. At this time when the stock is trading at this level a major dilution is not a serious consideration. We need a little more time and will release our plan which we believe will be in the best interests of our shareholders and possibly generate significant value to CTIX