Replies to post #336174 on Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

IPIX has 150 million shares issuable for this financing. From OPINION OF GARY R. HENRIE, ESQ. as part of filing:

(b) The initial 150,000,000 shares of Class A common stock issuable upon conversion of the Preferred Stock in accordance with the Agreement have been duly authorized and, when issued in accordance with the Articles of Incorporation of the Company, will be validly issued, fully paid and non-assessable.