Replies to post #95951 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"I will argue that NASDAQ Announcement will not move the PPS initially."

That would be very unusual. Even if the current share price dropped 30% the resultant market cap would almost certainly be adequate to put the company into the Russell 2000 if they can get into the Nasdaq (or any other exchange), as required by that Index, by May 31 when that Index is measured and reconstituted. A Nasdaq entry would allow for investment by institutions who would realize that inclusion in the Russell 2000 would provide a kicker when it occurred in June.
Nasdaq entry would provide a virtually instant bounce as provided by those institutions that cannot invest in companies that are not listed on an exchange.

[25 Kilos of Gold]

Tombrady, couldn't agree more. NASDAQ listing alone means nothing without substantial follow through from the company. They need name association with a well recognized big pharma to be noticed. The astounding phase 2 Brilacidin results are met with media SILENCE while a mythical Teixobactin garners multiple front page news around the world . Absolutely Sickening. How many great posters on this board have contacted other researchers only to be told " I never heard of the company", " I lost track about the pipeline after the poly bankruptcy", They never heard of Brilacidin" and so on and so on. I still think the PPS goes up nicely by years end. Hopefully I am completely wrong and the entire medical community learns about and clamours for the CTIX pipeline drugs but so far the silence is deafening. I think most everyone on the board would be smiling if Monday morning headline states J and J in collaboration with CTIX are entering in multiple studies using revolutionary antibiotic Brilacidin. You get name recognition, financial security, and a sales team in one shot. Then I predict the PPS goes up dramatically because management will get a good deal. Deciding what to buy with the abundance of riches down the road would be the next step as a CTIX investor.
I hope the shelve registration never takes effect.

Have a good weekend all.