Replies to post #227767 on Innovation Pharmaceuticals Inc (IPIX)

[frrol]

Aspire's selling is indeed a major factor. I too hope that we raised more cash than a measly $2MM from those last 8 million shares because it doesn't jibe with the Aspire EL's prospectus terms and is, frankly, larcenous and unsustainable. So strange. But why would we need more than $2MM for ops and production contracts anyway? I'm not expecting any correction PR.

"More CDAs" was not the big news here, "negotiations" was. A deal won't come too soon if that's our cost of capital now. You can tell the past two quarters that the company is really hustling.

[sox040713]

I believe I’ve answered your question. Even if I haven’t, you should get used to it because I don’t report to you.

I’ll starting asking questions instead of answering them. Question #1, do you think the short and distort tactic was and still is being used in IPIX?