Replies to post #396543 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

I don't know where to start.
"IPIX and BeaMed got together via a program set up by the governments of the USA and Israel "
There is a program...the Bird Foundation...that was set up to encourage synergistic commercial collaborations between US and Israeli companies.
Squalus and ForTec were paired up (in 2020), not IPIX and BeaMed. That is the "jest" of it. Neither Company is on the Approved Projects lists for 2021-2023.


IPIX "announced that the Company has acquired a minority stake in Israel-based Squalus Medical" in June of 2022 without addressing shazamm's question: "how the BT BeaMed Technologies / IPIX relationship evolved". Was there a previous relationship? Did Leo get a hot tip?
So the real answer for shazamm is that we don't know and Leo ain't sayin'.

As to your note (NOTE: YOU CAN ONLY BUY SHARES OF BEAMED BY INVESTING IN IPIX.), the recent release suggests otherwise and it too has not been addressed:
"The Company’s Chief Executive Officer and other financial stakeholders in BeaMed recently returned from a visit to Israel to see the StingRay System first-hand."
Has the IPIX position been diluted already? There's no hint of it in last week's 10Q.

[shazamm]

Thank you Mack! I’ll hit the IP web site this weekend.