Replies to post #227624 on Innovation Pharmaceuticals Inc (IPIX)

[Amatuer17]

So Leo did not raise money when SP was at $1 then $0.80 and then $0.60 - $0.40

But he raised $2 million by issuing 8 million shares - @ 25 cents per share

Seems very financial savvy to raise money.

When he is issuing shares to Aspire @ $0.25 cents and market price is avg $0.40 during that period - Aspire made cool money and company got screwed.

What you expect from Aspire - they will sell and make money

[frrol]

Gulp. That's not nice to see.

[scottsmith]

Wow this is terrible. Ipix is going belly up.

[DLucky6636]

Well, who would have thought it would get this bad! It is really a shame.
With the share price going down, down, down, Aspire Capital is losing money and wants out. Can we last another quarter without a partner, maybe a month? New CDA, too late.

Lost a big bundle on this one!

[TheBunny]

Say it aint so ! Der Leo making Beef Jerky out of his longs.

Well ..... nothing to say but 'The fish went for it'.
Welcome to the Leo Fish Fry.

So from April 1, 2018 to May 9, 2018, the selling pressure by Aspire is:

8M shares / 28 days = 285,714 shares/day

That's a lot of supply for MMs to play with. Now you guys know why the SP is in a constant decline.

[DaubersUP]

Those are the facts! It is important for investors to see why the decline in share price. That is alot of pressure. I am SUPER BULL on IPIX but I am not an idiot. The SP goes down with dilution and when dilution stops the SP goes UP and UP!

Has anyone ever invested in a pink/otcbb stock that diluted via CD's? And the stock just tanks while the conversion is going on as the holders get sometimes up to 50% discount on share price and it just tanks and tanks and once done - it recovers a little but normally those stocks don't have much to live for - some garbage technology and then another CD is needed etc..... That is not happening here. IPIX has the goods, and is a HAIR away from a blockbuster deal, so the dilution here which is NOT A CD nor TOXIC, could be a serious GIFT to all that got in at .40 or so because the minute they are pumped with 10-20 - 100 million upfront cash and 100's of millions in milestones - this stock price will re-asses to where it should be ---- in the 5-10-20 dollar range because behind that first deal there are many more and even better drugs..........GET READY!


There were so many hints in that 10Q that I am reading that there will be something MAJOR happening in the next days/weeks/ to come.

Prurisol Data could blow this back up on it's own prior to the B-OM deal, but I think we see a B-OM deal as soon as tomorrow!

I'm ready! and fully loaded.