Replies to post #134297 on Innovation Pharmaceuticals Inc (IPIX)

[believer20]

Ok. So now that you have your "red flags" whats next? Are you bailing? Have you already bailed?

[Ernesto]

Leo was referring to the other preclinical stuff in the pipe and perhaps a large number of parallel Kevetrin indications. We have plenty of money and shares to sell to fund B, B-OM and P. Once B is approved we will sell or partner for a large upfront which will yield the hundreds of millions you seek.

[Justfactsmam]

One cannot conclude that with Leo saying: "IF WE HAD MORE MONEY WE WOULD BE DOING SO MUCH MORE,.. MORE TRIALS, MORE STUDIES, ETC,.."

is the equivalent of "Leo needs hundreds of millions to acomplish (sic) his goals" ...total BS that Leo's comment is a "RED FLAG"...

There appears to be almost an infinite number of trials that COULD BE DONE with enough capital...that does not equate to "he cannot attain his immediate goals" or all of the directions he COULD go are even remotely necessary for one of 3 to succeed. It is a matter of prioritizing use of capital to attain at least one stated goal.

You are INJECTING commentary not made by LEO...and it is a totally erroneous conclusion, baseless, if based upon his comments. He never said that he does not have enough money to accomplish limited stated goals...