Replies to post #74551 on Innovation Pharmaceuticals Inc (IPIX)

[joseytheoutlawwales]

Agree in part.

The only true matters of importance to me are efficacy of B, K, P.
They work, we make money in buckets.

But "legitimacy" of a larger exchange can help the pps. (Wait, Enron was "legitimate" too...)

[frrol]

And I've seen people die in hospitals. The hospital must have killed them, right?

Up-listing is important. The governance measures they require are for the benefit of minority public shareholders (ie, people like us) and institutional investors like mutual funds, ETFs, etc. The latter are essential for attracting analysts, trading volume, investor interest, etc.

Yes, up-listing is not a panacea or a magical dusting of stock-price-stays-high. Nothing is.

But a good company and good stock need to be listed on a real exchange.