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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Ovi, I figured you still held on to your 'Boat Loa

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Post# of 72444
Posted On: 10/26/2015 12:29:34 PM
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Posted By: bunny
Re: Ovidius #15043
Ovi, I figured you still held on to your 'Boat Load'.

However, I noticed over the past year you had become critical of management. Although I had jumped into other stocks when I sold my Boat Load, I had kept a eye on CTIX. I noticed a change. The change from management from being: 'The Most Shareholder Friendly & Transparent Co. on the OTC", to somethings not right. I don't know what it was, but I followed what you and a couple others were saying.
Yes, I'm not in Love with Leo, he's not my Guru. I seen some greed there that I didn't notice before that I knew would negatively effect share value in the short term, so I took a nice big profit.

What are your your thoughts on the following:

1. Leo's ability to attract a partner at this stage.
2. Would the lob sided (Leo's mega tons of shares) share structure discourage
many a partner ?
3. The choice for the BOD's (Board of Nobodies) Not one 'Power Player'.
4. Any comment on the missing Dr. Mennon, and how Leo's PR to that effect was countered by one with Dr. Mennon.
5. Any comment on how they plan to get off the OTC without a RS.

The MM's will let her run now so they can get some covering shares. Then when talks start again about 'uplisting' they will short attack it once more. Until there is 'significant news' we will be in a wide trading range - IMHO.

-bunny-

in response to:
Quote:
Bunny, the difference between us, is I'm still invested with my base at .47 cents and well into the 100sK shares.

I do not doubt the trials, but do want to make it clear to Leo and company that they are not acting in the interest of the shareholders in the way they are communicating and carrying out many corporate functions. Maybe its the NNVC bug now into CTIX, but Leo has done just about everything wrong this year regarding PRs and delays, the stock has not rallied to a PR in months, aside from a little pop with the lawyer hire. This is a big notice to Leo they have no market ears and paying themselves huge salaries is damaging. I liked them when there was not salary, now they deserve some, but stick to the 2013 amount, that is enough until they deliver, none of us know they will succeed in all or any of the trials that matter. A few years of these big salaries and they already have back the couple of million they put into the company way back when. They quickly are saving their ass and getting back their investment while shareholder pay the bills. Not that this is anything different from most Bio companies, but it is different that how they were when I first invested in 2010/2011. Wake up Leo and Krishna (by the way, try living up to your name sake)





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