Replies to post #42437 on Innovation Pharmaceuticals Inc (IPIX)

[lucky9]

No movement because there was nothing "new" in today's news. Just a fluff pr restating what was already known and still no assurance of future financing. Maybe another Aspire deal, maybe a partnership, maybe dilution? (We know Leo prefers no dilution). SP won't move up with maybe's. 6th cohort beginning was the only real news but dosage was not given. We knew the 5th cohort was almost finished. This PR is all about maintaining SP. It' not a bad thing it's just nothing to get excited about. iMO

[Pepperchino]

For me it was all tongue in cheek, with the talk of "movin on up". It was more along the lines of CTIX is moving forward with the three trails for K, B, and P, as stated in the release. Yes, we knew that C5 was done or close to being done, but it is now confirmed, and not in a statement or email to someone, but in a company PR. The market doesn't seem to care I guess - as BK has stated, we are still sitting where we were two or three weeks ago before the new acquisition and before real confirmation (in my mind anyway) of C5 being done. I do think everyone has been thrown for a loop with the "change of direction", but over time, as we see progress being made, we will have some significant news and moves in the near future (IMO), and I am guessing before year's end, on the front of B and P (not to mention K, which is on cruise control by the way). (all said with sincere kindness!)

I'll go back to lurking and will try to temper my enthusiasm when I do post...

Patiently waiting