Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

What makes you think those shares are about to enter the market? The bulk of the shares listed are for Aspire and that filing was required by the purchase contract with Aspire. It doesn't mean the company is drawing on that loan at this time. It's in the company's interest to hold off until the share price is higher. We simply don't know when the company will draw from Aspire.

http://www.sec.gov/Archives/edgar/data/1355250/000135525012000054/purchaseagr_ex10z1.htm






In Reply to 'SJ2013'
I think today's action, timed with the release of the news, was simply to sell shares into the market. I was expecting much more news today as there is a lot of shares about to enter the market, maybe tomorrow or Monday we get more news.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8665070