Replies to post #195048 on Innovation Pharmaceuticals Inc (IPIX)

[Bruinfan4ever]

Of course there is no profitability. This isn't a tech stock. This is a start up biotech.

The profitability will come when a deal is made and the drugs make it to market.

He is certainly on track to do that.

[TheBunny]

With .70's cents PS, without a sale or partnership, With failed uplist, CEO said he won't do a RS, so he locked the shareholders in a tight cage that's taking on water almost every session.

Scottsmith, who seems in close touch with leo stated:

No offers have been made for Prurisol -- that is common sense. I've counseled Leo to sell P outright in 3-6 months for whatever he can get.

So, no 'P' pending sale, and probably no Partnership either. Just more dilution that will have us into the .60's PS just around the corner.

Hope .63 holds. However, 'hope' in not a investment strategy.

he's doing neither. no profitablility, no shareholder enhancement. Just toxic financing, high overhead and shareholder losses