Replies to post #369066 on Innovation Pharmaceuticals Inc (IPIX)

[Hugon]

It sounds like ipix new strategy is to run a ph3 solo raising money with the likes of kips suppressing share price trying to raise $40m for a massive 700 patient ph3. Oi vay! “If they can’t partner with a BP”!!! Wtf

[Hugon]

So…they are certainly going to go for broke trying to raise money in a “surging share price” all the while f’ing shareholders along the way because this is all they know how to do

Hello NNVC

[kfcyahoo]

" IPIX has $12M in the bank and virtually no expenses outside of trials. If they can't raise enough money based on a surging stock price they will partner with a BP."

Take a look at their (ipix) annualburn rate via the last 10k.
12M tis nothing.

Hoping they file a TIMELY 10k this September-50/50 my guess.