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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Leo sold just $400K worth of shares to Aspire in t

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Post# of 72446
(Total Views: 234)
Posted On: 11/08/2017 5:47:18 PM
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Posted By: sox0407
Leo sold just $400K worth of shares to Aspire in the last quarter, frugal as usual.

"As of September 30, 2017, the available balance is approximately $29.6 million."

"As of September 30, 2017, we had approximately $2.9 million in cash compared to $4.1 million of cash as of June 30, 2017. We anticipate that future budget expenditures will be approximately $15 million for the next twelve months, including approximately $10 million for clinical activities, supportive research, and drug product development."

Current OS = 140,126,830 shares

Previous OS = 137,874,421 shares

OS increase in the last quarter = 1.63%

https://www.sec.gov/Archives/edgar/data/13552...ix_10q.htm


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