Replies to post #76566 on Innovation Pharmaceuticals Inc (IPIX)

[thefamilyman]

Just a little show and tell. It's Leo's way of telling the big boys to keep their low-ball offers to themselves. And showing them that he's prepared to go it alone if he needs to.

I like it. I like it a lot.

I'm concerned about the Shelf filing...has that been discussed as to why it is needed if we have plenty of cash in the vault??? - starbuxsux

[noretreat]

If you look at the balance sheet and burn rate you will find the shelf is needed to assure operations beyond mid 2015. The burn rate is going to increase as well. The shelf also offers opportunistic funds...although I am hoping that CTIX stays fixed on K/B/P development.

Taking B through P3 will require part of the shelf and increase value dramatically (given positive results) If there is any doubt about the P3 outcome a partner should be taken on for the platform sooner. Otherwise, it would be good for us if CTIX takes B through at least one P3.

IMO, of course.

[alwaysdreaming]

Oh boy, time to start worrying.

Got CTIX??? Got enough CTIX??

Perhaps you don't have enough skin in the game??