Innovation Pharmaceuticals Inc (IPIX)

[oddone33320]

I am also disappointed by their decision to forgo the POC trial but it's because of my own selfish desire to see near term Prurisol results prior to year's end. I'm sure they know what they are doing and in my opinion that is giving themselves a broader pipeline of drugs in mid-later stage trials so that they are valued much higher for a buyout. With the Kevetrin results that they are already seeing, they should be able to raise enough money at beneficial terms to execute the strategic plan that they see fit. I don't blame them for feeling confident enough to make decisions that may cost a little more up front but should result in higher and longer term value as opposed to meeting short term, smaller goals to please us impatient investors (myself included!).