Replies to post #276372 on Innovation Pharmaceuticals Inc (IPIX)

[scottsmith]

If outstanding debts are actually called in, shareholders will welcome BK as a sweet mercy.

[zandant]

Possibly. But we know for certain that those shares will ensure the solvency of Ehrlich and the two stooges' annual salary and bonuses.

[loanranger]

Every one of what you're calling "ample shares authorized for funding" would only cover 2/3 of the P3 trial for B-ABSSSI or who knows what portion of a B-OM P3 or a full complement of B-UC trials. K? What's the plan?

Ample? At 7 cents per, not for much.

[kfcyahoo]

If those newly authorized 300M shares were converted today at 7 cents it would garner $21M. That would last ~18 to 19 months at current spending levels. Costs will increase if and when trials begin.