Replies to post #3646 on Innovation Pharmaceuticals Inc (IPIX)

[keltoi]

Seeing that they have already decided on their strategy he is just throwing out the question for s..ts and giggles.IMO

Personally since everyone is worried about VC firms and Shareholder financing,why not earmark shares say 200,000 and set up a retail site in their website for credit cards and sell raffle tickets and have a drawing when the desired # of tickets has been sold ? Crazy? Yes.Dilutive?No.
Why not have a retail site within their website selling (made to order and drop-shipped by vendor) Hats and T-shirts that say "I support the fight against cancer,I invested in CTIX"!!!

Wouldn't cost anything , per se ,why not?Anything wrong with "creativity"?Who said they can't raise money outside of the usual channels?

Kelt

[keltoi]

Also from Leo

See below , Kelt

From: Leo Ehrlich
Date: 7/25/2012 2:10:27 PM
To: James Maffei , Sr.
Subject: Re: IHUB


It is important that when considering a strategy for Prurisol take into account that management interests are aligned with stockholders. Dr Menon and I are large stockholders of CTIX. At this time when the stock is trading at this level a major dilution is not a serious consideration. We need a little more time and will release our plan which we believe will be in the best interests of our shareholders and possibly generate significant value to CTIX