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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Agreed. Very light on the Aspire button. We saw

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Post# of 72446
(Total Views: 221)
Posted On: 11/08/2017 6:08:39 PM
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Posted By: Phteven C
Re: sox0407 #39003
Agreed. Very light on the Aspire button.

We saw that he sold $900K worth of shares to Aspire over the past five weeks - more than twice that of the entire third quarter. The anticipated need according to the 10Q is $1.25M/month ($15M/12Months). Even this increased selling to Aspire is only at a rate of $720K/month...a little more than half the anticipated average. With trials winding down the outlays should reduce substantially in the coming months.

Very good to see such keen stewardship of our financing vehicle. The bashers can say what they like but Leo Ehrlich can balance a budget.

Go IPIX!


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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.




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