Innovation Pharmaceuticals Inc (IPIX)

[Orion Nebula]

It takes both science and management to win at this game. We are all aware of the fall of PolyM and yet when I look at B the science seems solid. Posters who have followed the science are now over here confirming that management was not up to par.

A new case in point is a company I have followed for some time but never invested in: SNTI. I like their science but the management of the company has kept me from pulling the trigger. Now trading for .03 and yesterday announced a 100 to 1 RS. Good luck with that. Company has 300 million plus shares outstanding and a market cap of under 10 million. SP 52 week change is -85%. Makes our approx. 100 million shares at $1.70 look like nirvana.

Bottom line is that it is hard to do what CTIX has done to get even this far. Bright people fail at this all the time even with good science. There are a million ways to get it wrong and only a few ways to get it right. I think CTIX has done it right so far.