Replies to post #309999 on Innovation Pharmaceuticals Inc (IPIX)

[rule_rationale]

13g: an entity spent time likely prior to June 30th (they have 10 days to file I believe) acquiring a large enough portion of IPIX shares to necessitate a filing with the SEC - fantastic news.

S-3: note stipulations early in the filing about details subject to changes/updates, a filing that once seamed effective by the SEC, allows IPIX to raise $60 Million for corporate operations - fantastic news.

[cybermich]

Its good if there are fundamentals to back it up:)

imo nothing has changed. Its all about the upcoming catalysts.. it gives Leo options (who knows how much Grant money we will get) - regardless, the share price will probably rise and it will be an opportunity to raise money for our whole pipeline.

On the other hand, this would be "bad" news if a company were to issue all these shares without the catalysts (fundamentals) to back it up - so it comes down to do you believe Ipix has the goods?

I do:)