Replies to post #347589 on Innovation Pharmaceuticals Inc (IPIX)

[TheDane]

Thanks. I did that to try to understand it. Think I got it now! Your extrapolations are good. I keep coming back to the statement he made. Something happened on or around the filing due date that needed to be disclosed and caused the delay in the 10-Q.

Why would something - a “development” - that occurred on Feb. 16 need to be included in the 10-Q for the fourth quarter ending Dec. 31?

Put another way, what could have developed that not only needed to be disclosed, but, because it happened on or around the due date, was important enough to delay the filing of the 10-Q but didn’t need to be disclosed until five calendar days later?

Anyway...we’ll know soon enough.

Go IPIX!

[shazamm]

Steely, game we are playing, you only have to be right once....perhaps this is that once! Really good analysis of what Dane started! Your possible theory behind the speed in which that dip today occurred & IMMEDIATE bounce back makes total sense. Hope you’ve nailed exactly what’s going on & what we can expect next week & beyond.

[hockeypond]

I wish you are right....but, I'm leaning towards they were just simply too busy with the trials and could not finish the 10Q period....they can always send out an 8k on any materal event such as a succesful trial in Russia. I think time just closed in on them and they needed an extension....that's my guess....but hoping for better.

[TheDane]

“ We also know that share price and volume for IPIX have been on the rise over several trading sessions. As mentioned by others, trading has been better organized and systematic.”

This and Kips Bay seem to be good indicators something is going on.