Innovation Pharmaceuticals Inc (IPIX)

[Orion Nebula]

Yes that is possible. In light of your comments I think it is likely they have some shares. But I still see them in a different light. That is, they have many options to dispose of shares and certainly may have exercised some of those options. The ability to turn over funds is of some advantage to them for on-going opportunities. I do not think they are lined up to put $30 million in this company and just hold all of the shares they acquire. I may be wrong. But they start with a competitive advantage vis a vis the small time investor and start with a profit via the "commitment shares". No doubt there has been pressure on the price so Aspire, with their large holdings are a possible source.

That aside, I hope the selling is over and we settle down for some appreciation. How else will I end up being your neighbor when you are living in that Hawaiian 10 room mountain top home you'll be getting?