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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Well, as I said, any scenario or combination of sc

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Post# of 72446
(Total Views: 124)
Posted On: 11/20/2017 8:18:10 PM
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Posted By: Phteven C
Re: Drano #39270
Well, as I said, any scenario or combination of scenarios is possible.

Fact 1: IPIX guides in the 10-K that June 2017- June 2018 $15.9M will be needed.

Corollary 1: That's ~22M shares@$0.70 or ~90K shares per trading day on average.

Fact 2: Aspire has not filed a 5% ownership form and thus has sold at least ~75% of the shares IPIX has forced them to buy over the years.

Conclusion: It is not utterly absurd to think that Aspire might sell tens of thousands of shares on any given day.

When someone makes up lies about someone else because they don't like (correct) calls they made regarding the stock price, over two years ago, you'd know that the poster was not someone whose opinion you'd want to pay attention to.

In fact, this is why the ignore feature exists. Ignoring almost everything said poster has said over the past few years would have saved you A LOT of money.

This will all be a moot point very shortly though. B-OM is coming to right the ship.

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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