Innovation Pharmaceuticals Inc (IPIX)

[Truthbythought]

A shelf registration is exactly for the purpose of the mood striking. Generally companies put them in place with no intention of issuing shares in the foreseeable future but just as a matter of good corporate house keeping for a public company. Many big players in stocks will similarly require as a matter of contract that the shares they purchase be registered. It creates the option to sell without the obligation. Who in their right mind wouldn't want that. But that by no means indicates they are actually selling. The only way you would know that would be if they have to publicly disclose changes in their position on a quarterly basis.

Still as a matter of stock manipulation they may be inclined to temporarily force down the share price through sales if they know the Company is going to need additional funds in the short term. But there is no reason to suspect they have any interest in dumping their core position. If anything they are accumulating like the rest of us in all likelihood. This is a good small cap biotech play and they are likely in it for the same reasons as the rest of us.