Replies to post #378936 on Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

It’s not 200 million shares to him or anyone. It’s limited annually to 5 million shares with a maximum cash value of $40 million, or maximum compensation of $20 a share market value. I have no problem with Leo receiving $40 million if my shares are above $20.

There is a legitimate question, though, what targets or benchmarks allow the release of compensation rewards up to 5 million shares or cash equivalent?

[steelyeye]

No, what's nutty is believing that Leo could or would try to take the biggest slice of the pie and screw his shareholder base. He'd be in court for many years afterwards if that happened. Those who know him say that he's not that kind of guy and not that stupid. More likely Leo has something of a "sheer scale" in the works where everyone wins... well, almost everyone.

The sheer scale of opening up the possibility of 200,000,000 shares (almost half the current company) being awarded is just crazy. The previous plan was 20,000,000.

Nutty.

[frenchbroad]

*Well you're talking about success that is 5-10x our all time high market cap that we have yet to achieve.*

The difference for me and you Mr. Lemoncat is that from all I know I believe it is possible for Ipix to be worth $2.5 billion next year. I also believe it is possible in all I have learned to believe Brilacidin can be worth $5 billion in 2023.

Sure it is not certain. But should one R*gn share not be worth $500 because it was worth only $5 10 years before? It is not possible for one $.50 share J*zz to be worth $150 after only 5 years? Both examples are true. (A C*dy share in the end 2019 was worth 20x only 6 months later but for me this is not what I expect with Ipix.) I invest in Ipix and have increased my investment a lot because great success is possible here in my opinion. I feel good. From Friday it appears Ipix buyers do not have your same poor opinion of Ipix compensation plans.

[attilathehunt]

The problem is he put the plan into place with no vote from shareholders. He maintains his block's voting majority in a ridiculous cycle of compensation plans."

This I can agree with you.


Greed...Greed...Greed...He may end up like his buddy Joey...