Innovation Pharmaceuticals Inc. is worth .28 cents a share not a penny more or penny less. I believe this phase 2 trial (if successful) will lead to a phase 3 trial with a few thousand participants to see if Brilacidin is the real deal. Who will fund that study is anybody's guess. After success in phase 2, maybe $1.00 a share will happen but not much more without BP joining in.
For some reason people here think they will start putting Brilacidin in peoples veins if phase 2 shows efficacy. I don't think so.
*I do know a positive Ph2 against COVID along with EUA puts us north of 10 dollars a share and I'm willing to take my 230k shares past that.* All depend on how much *positive* is the *positive*. I will sell one third of my Ipix on $5. Ok it is 765K action and I will travel some while I wait and see for the other two third. Life is short and the world is wide. And funny--Ipix has been $5 before with only a few chicken in the barn. Now they have lynx and bufalo. Also one third of my Ipix action is long term for the US tax. But every month for the next 6 month that will change a lot in my favor. March will convert 400K and Avril is 500K. I was busy in the past spring.