Replies to post #399639 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"These statements were made in the ‘Risk’ section."
Of course they were, as they should have been.

This statement was actually made twice in two different sections, both entitled "Risks Related to the Securities Markets and Investments in Our Class A Common Stock":
"We may elect to deregister our common stock under the Exchange Act and suspend our reporting obligations. Such deregistration and suspension would result in less disclosure about us and may negatively affect the liquidity and trading prices of our common stock."

"I won’t say I didn’t find Leo’s comments worrisome".
You aren't half as worried about them as Leo is. He made them twice.

[snayeman]

I get that but the fact that we basically have almost no money and Leo hasn’t made any deals to bring us any new money, still taking a salary, makes the deregistration issue more relevant! Regardless of who made the comments, we’re not in a good position and it keeps getting worse with time because Leo hasn’t got anything monetarily accomplished

[TheHound]

I won’t say I didn’t find Leo’s comments worrisome

Had a chance to review the 10k this morning. Hope that wiggling sensation felt by shareholders was Leo’s foot.