Replies to post #97255 on Innovation Pharmaceuticals Inc (IPIX)

[TheMonolith]

No, Aspire doesn't buy. They give money, and CTIX prints shares out of thin air for that money. Aspire then sells a portion or all of those shares, and hopes to get above what they "pay" for them.

Maybe Menon didn't have the money to pay, so shares was the only or best way. To think Aruda won't sell a portion would be naive.

[Mrgreenfinger]

I'll do some digging but I think I remember that Aruda also gets royalties just like Dr. M on hit cut of shares. If that's the case then he might not sell any of them and all of this fake doom and gloom that some are trying to spread is crap. Don't forget that if he was a co inventor of K he knows how it works. Why would he fight to get shares when there is a possibility of a much higher valuation one day. That's like me selling my stock now when I've already doubled my money which isn't enough...why??? Cause all my DD points to the solid science here.