Replies to post #253515 on Innovation Pharmaceuticals Inc (IPIX)

[GAB]

Why Feb 10th?

[MackG]

It is comforting to know that after carefully evaluating all of the risks associated with investing in this stock, that you have made the decision to invest in IPIX. May you be richly rewarded!

[scottsmith]

People should remember that educated, savvy investors are still experiencing catastrophic wealth loss with ipix.

“It enables you to make a good long term return in the market and prevent catastrophic wealth loss.”

[loanranger]

"If we announce a share sale, then it highly likely means management is no longer counting on it."

I don't follow. MFO has plenty of warrant buying and preferred converting that they can do. Is that what you mean? Or are you suggesting that they might enter into a new agreement?


FYI:
"From the date hereof until ninety (90) days after the Second Closing Date, neither the Company nor any Subsidiary shall issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents."
They've cleared that constraint.

"From the date hereof until such time as no Purchaser holds any of the Warrants, the Company shall be prohibited from effecting or entering into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents (or a combination of units thereof) involving a Variable Rate Transaction."
Any new agreement couldn't have a variable rate conversion feature.

As you've have said, we'll hopefiully be able to see where things stand vis-a-vis the MFO in the 10-Q.
At least we'll know how much Preferred and how many warrants (and obviously how many common shares) are outstanding. It will be interesting to see if we can piece it together.