Replies to post #227784 on Innovation Pharmaceuticals Inc (IPIX)

[frrol]

Yes not expecting an amended filling either.

But boy an explanation would be nice. With this revelation, thank goodness there was "negotiation" and "out-license" in that filing too. Because you never want to see desperate capital raises.

[noretreat]

with this stock the share price today will probably skyrocket on news of .25/share sales to vultures

[PlentyParanoid]

LR, I did a little calculation based on two latest IPIX 10Q. Under the new agreement with Aspire

Sep 2017 - Dec 2017
6.6 million shares sold, 4.4 M$ received at average price of 0.67 per share. During the period IPIX market SP low was ~ 0.67.
Jan 2018 - March 2018
2.1 million shares sold, 1.3 M$ received at average price of 0.62 per share. During the period IPIX market SP low was ~ 0.50.
April 2018 - Now
8 million shares sold, 2 M$ received at average price of 0.25 per share. During the period IPIX market SP low was ~ 0.37.

I am starting to think like you: It does not add up.