Replies to post #383087 on Innovation Pharmaceuticals Inc (IPIX)

[cybermich]

One hundred thousand percent agree with you on this.

Imo IPIX has been artificially held down (won't debate on naked short or other market manipulation)..

but lets just say.. that many folks believe this security has been held down (as you say) "artificially"..

As you said.. I don't give a HOOT what past deals have been like..

perhaps.. let the price run to a level where 3X or 5X makes sense.

At current levels.. I could envision a scenario where 3X or 5X or even 10X would be Highway robbery.

And that's putting it nicely:)

The conspiracy theories have always hinted that price has been held down so that a. we eventually go bankrupt (because we can't raise funds with a collapsing share price) b. so that we can be scooped up for pennies on the dollar..

lets not add a c. to the conspiracy list:).. where we have GREAT data and we are forced to take a shi%%y deal because our share price has been held down.

Good luck to all IPIX longs!

[farrell90]

Post of the day. Thanks for bringing some clarity to the issue of the prospective value of Brilacin. The value of Brilacidin will be based on what it is worth to the potential buyer{s}.

It will have little to do with how many shares IPIX has outstanding or that IPIX sold for 5 cents a few months ago or how much was paid in the past for products developed by small OTC companies.

The value of Brilacidin will depend very much on its ability to impact a pandemic which has cost trillions of dollars, infected tens of million of people and resulted in the deaths of over 5 million people.

It is simple if the phase 2 study of brilacidin for covid19 is strongly positive it will be virtually priceless; if it doesn't work for covid, IPIX will be seeking other uses for Brilacidin.

Remember an effective antiviral for moderate to severe covid does not currently exist.

Why would investors attempt to under estimate Brilacidin's value?

Thanks for the post,

Farrell

"Totally irrelevant in respect to an artificially depressed and very poorly managed asset from a capital and governance perspective.

If it turns out that there is gold here, it's worth gold, and the current price is effectively irrelevant in a bidding war to acquire said asset. Why sell yourself short on the outcome based on premium comps. If you think like this, we should all pray that you aren't Leo!"