Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

Dr Menon runs Kard Scientific. He has a good idea what does and doesn't work when testing with various models. Kard does pre clinical testing for many companies. His experience increases the probability of kevetrin and/or prurisol working in humans. He has put his money where his mouth is since he believes it will work. I like the odds here.

http://www.kardscientific.com/Services_FJJR.html

Instead of diluting the shareholders to take a salary he and Leo have basically financed the company. They seem to believe the odds are very high of kevetrin or prurusol working. I'll be happy with just one of them working in humans. I'll be ecstatic to find that both do.

There are eight drugs in the pipeline and a new one being added.

I invest what I can afford to lose if neither works and the price drops. But, I like the risk/reward odds here.

Good luck whether or not you decide to invest here or elsewhere. ;) I can see why you might fear biotech. ;)