Replies to post #119655 on Innovation Pharmaceuticals Inc (IPIX)

[rule_rationale]

Not sure that it sums that way -

This text file contains the date, CUSIP numbers, ticker symbols, issuer name, price, and total number of fails-to-deliver (i.e., the balance level outstanding) recorded in the National Securities Clearing Corporation's ("NSCC") Continuous Net Settlement (CNS) system aggregated over all NSCC members.

www.sec.gov/foia/docs/failsdata.htm

[loanranger]

Doesn't work that way. Day 1's existing fails to deliver have day 2's new fails added to them and deliveries against day 1's fails subtracted....the result is reported as day 2's fails.
So the number is a rolling number. The number reported is not the number of new fails for the day, so adding them up is a meaningless exercise.

In other words, per your report, there were a total of 5,000 shares that hadn't been delivered as of 7/31. Obviously it's an insignificant number.