Innovation Pharmaceuticals Inc (IPIX)

[mantis]

Pontoon,
I understand what you are saying, but unfortunately I have been burned so many times by the biotechs and others that I don't get very excited easily by the CEO's interviews. And what I have found is - the less they talk money the better chances that they are truthful, IMHO. I know money talk makes investors happy, but not the serious investors, serious investors want to hear money talk from independent analysts, not from CEOs. Same words coming from CEOs sound like pure pumping.
I have been reading thru the news for the last 3-4 weeks. I own 10k shares by now. I Want to buy 10k more, but this would be going all in for me, and I am hesitating. This article also brings down my optimism.
The big good thing about this guy is that they have a structured loan facilities. Usually crooks take all money they can from the investors at once. This settlement smells like the company does not want to give its shares to the investor for less money than they are worth, so they can sell them one block at a time on a need basis, at the current share price. That's a big plus.
Also I could not find if they have more than 2 employees working. I know yahoo data is usually stale, but on the company's site I could not find any employment opportunities page. It can't be just 5-10 people working for the company with a 170 mil market cap, right ?