Replies to post #75905 on Innovation Pharmaceuticals Inc (IPIX)

[TheMonolith]

Thanks for pointing that out!

[TimeWillTellAll]

An earlier post stated a stockbroker said "call me when CTIX is a real company". There is some truth to that assertion. A real company passes the "truck test". If the CEO or another principal employee gets run over by a truck the company goes on relatively smooth because staff is in place to take the reigns. No shareholder likes dilution no matter how slight, but this hire starts the management and technical needed depth. Risk is lowered in my opinion. Leo knows what he is doing!

[vip1999]

I very much agree with your assessment! ;)

The question then must be asked, "why would a COO accept the deal?" I think it points to the fact that Leo/Menon (and the new COO) feel the equity is going much, much higher and that the COO is just glad to be seated at the table.

[gostocksgo]

Nice analysis BH, a thorough job on something I briefly touched on a couple of days ago:


gostocksgo Saturday, 10/25/14 04:39:48 PM
Re: JohnnySticks post# 75285
Post # of 75917
A respectable salary, but not all that many shares. Strikes me that inside expectations are that the stock price is expected to ultimately be much, much higher.

[frrol]

Could be. That is a relatively small amount of equity.

[sox040713]

Thanks for the insight BioHedge! The COO's info has been updated on the CTIX website. I was going to say Leo will hire a CFO next, but I see he has given the title to himself now. All signs are pointing to an uplisting soon.

http://cellceutix.com/team/#sthash.woflARPl.dpbs