Innovation Pharmaceuticals Inc (IPIX)

[sox040713]

Thanks for the link! From the 10-Q,

"As of December 31, 2013 the Company had a cash balance of approximately $5.0 million."

"During the quarter ended December 31, 2013, the Company sold no shares to Aspire. From January 1, 2014 to January 31, 2014, the Company has generated additional proceeds of approximately $532,000 under the Common Stock Purchase Agreement with Aspire on the sale 300,000 shares of its common stock."

So CTIX still has about $19.5M left to draw. Talk about being frugal. I think they are in good financial shape.