Replies to post #255308 on Innovation Pharmaceuticals Inc (IPIX)

[kfcyahoo]

Why is that? Is the determiner of the definition of beneficial holdings the same entity that defines form 4 vs 10k or 10q submittals.

[Lemoncat]

Ah ok. Good to know. If the definition is as you say then I can't scrape together enough shares for him to hit 10% of 174 million. Again though, I'm not nearly qualified to make the determination.

In this case he already had to file as an officer and as a director so the 10% would be a redundant requirement. In any other case, it's better to file thinking you're a 10% holder than to be one and not file.

Thank you for the mental exercise tonight.