Replies to post #401991 on Innovation Pharmaceuticals Inc (IPIX)

[sunspotter]

"Much easier road than going public on their own. IMO."

If BeaMed wanted to go public they could do that by floating on the Tel Aviv Stock Exchange, which is a well-worn path for Israeli MedTech companies.

For example Given Imaging did exactly that.

One thing you can be sure of is that a US OTC listing in and of itself is worthless to any serious company, let alone one resulting from a merger with a SEC delinquent, non-compliant, technically bankrupt (in the sense that its debts are larger than its assets) scammy outfit like IPIX.

No, I'm afraid Ehrlich gave $4 million of his shareholders' money (money that it really couldn't afford to give away) to an off-shore non-reporting private company for quite different reasons.

I think if we follow the money we will find it ends up, at least in part, by the pool in Florida.