Replies to post #167536 on Innovation Pharmaceuticals Inc (IPIX)

[TheHound]

Now I just provided you 3 years worth of data that say otherwise. Let's see your math.

Aspire is selling 30K shs per day on average.

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June 30, 2013 to 2014
Volume Shares Sold to Aspire = 5,704,523
23,000 shares / day

June 30, 2014 to 2015
Shares Sold to Aspire = 6,490,379
26,000 shares / day

June 30, 2015 to 2016
Volume Shares Sold to Aspire = 5,700,000
23,000 shares / day

Here's the latest via 10Q

June 30, 2016 to Sept 30 2016
Volume Shares Sold to Aspire = 1,500,000
24,000 Shares / day

I'll say it again....

Between 6 and 11 percent of the daily volume was used to fund the company thru aspire over the past 3 years thru the sale of 17.8 million shares. Not bad considering all that has been accomplished. This is a low dilution rate compared to other bios I follow and am invested in.