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Innovation Pharmaceuticals IPIX
Posted On: 08/21/2015 1:42:55 PM
Post# of 72446
Posted By: DaubersUP
Re: sox0407 #13007
Agree. That is what I am waiting for. I'm a die hard long here but want to voice my opinion on the reason why we are at this value - which includes a market manipulation of some sort. This manipulation is fed by the fact Leo is going to Aspire. If he can address this and come up with a way to explain to Investors we can wait many months to issue shares to Aspire may be a way to get out of this for the short term. We have had a steady conversion rate of about 3 million per quarter moving more towards a 1 million burn rate per quarter as our pps rose to 3 dollars and above.

If there is a way for CTIX to use the 10 mil plus on hand for a couple months without having to show agencies they have more on hand/in bank to start more trials this would really go a long way imo.... It may be impossible though - and that is why we are somewhat handcuffed IMO.

If a deal is done in the next couple months - watch out. I would feel comfortable a short squeeze would commence.

Or we need some sort of media attention on a National Level - 20/20


PS - I am very happy with the ASPIRE financing - so don't take this post as they have any wrong doing. I think it is a financial deal most companies dream of.















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