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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

1/2 million shares and price down once again. How

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Post# of 72445
(Total Views: 331)
Posted On: 03/20/2018 4:38:51 PM
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Posted By: Drunko
1/2 million shares and price down once again. How many shares were dilution inspired ? BTW comrads, there is NO verifiable short position beside a very miniscule amount. Facts hurt so some people have to make fantasy boogeyman driving the price down. There will NOT be a short squeeze. ASSPIRE funding is the enemy at the gate and will be until a GOOD financial partnership or buyout is finalized. There HAS to be something in the final talk stages because the company can't fund expensive phase 3 trials without serious dilution to the O/S and current shareholders. We all know what serious dilution leads too. Pay reductions and layoffs sounds like starting phase 3 trials unlikely in the near term. Possible buyout looming? I hope at least 2 dollars a share if it happens.
I would love the pumpers be right for once. It has been 2.5 years since that happened.


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