any investor wanting to learn who is a decoy (and i'll

any investor wanting to learn who is a decoy (and i'll follow this post with some RT notes from today's activated *decoys*) .. has to learn to note who *shows* vs who *reports* via the MM Monthly

http://otce.finra.org/MonthlyShareVolume

i tend to focus on the daily signals (and where placed on l2) provided by the PRIMARY/SECONDARY and TERTIARY MMs' reporting to Finra

Below are the 3 MMs' who *factually* reported activity to Finra since this time last year .. May 2017 to April 2018 .. as well as the number of MMs' *participating per month* and *volume by month*

you can clearly see who the PRIMARY/SECONDARY and TERTIARY MMs' are re: IPIX

this is important in understanding the role decoys' play in regards to what l2 *shows* on any given day but mostly as is always the case with an *imo* OTC SURVIVOR .. what is revealed over weeks/months and in some cases .. years

that is also why i can note which MM .. is usually acting as a decoy on l2 ..

note exactly the volume done per month (which is why you can see these same
Marker Manipulators lying in regards to *avg* daily volume .. as has been noted
via *legal* as being in the 500k range) .. that remains factually false .. it's closer
to 200k on any given week recently .. but what is really worth noting is who doesn't deviate from the first 3 spots .. each and every month .. you can also observe the fact of *decoys* willing to play the UPSIDE DOWN GAME .. with MMs' (back in 2015 .. running 25 to 29) ..MMs now *reporting* between 9 to 11 for IPIX (13 for May 17 .. CTIX) .. are *actually decreasing*

as i've always noted *volume* tells the tale of where in the cycle NR and CEs *are*

volume will relo UP the 10 and 90 day avgs .. but will a price (daily reg sho % marked) have to paid?

the other fact that can't be ignored to suit is the %s' posted by only 3 MMs every month .. since May 2017 .. 69% to 87% reveals why the round robining rotation of *volume* reported is well in hand by just 3 MMs CON tinues to ramp upwards

make no mistake an educated retail investor is a colluding entity's worst NITE mare (pun intended)

APRIL 2018 .. IPIX Volume ~ 4,473,436
10 MMs' reporting ..
( ETRF/NITE @ 27% .. CDEL @ 20% ) .. total = 75.16% of *volume*
( ARCA .. OTCX .. CSTI @ 9% .. 8% and 4% )
( CANT .. LAFC .. PUMA .. STXG all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	4,473,436	4,078,577	17,073,621	ETRF	G1 EXECUTION SVCsETRF, LLC	1,240,454	1	27.73%  
 
IPIX	Innovation Pharma	4,473,436	4,078,577	17,073,621	NITE	VIRTU AMERICAS LLC	1,216,167	2	27.19%  
 
IPIX	Innovation Pharma	4,473,436	4,078,577	17,073,621	CDEL	CITADEL SECURITIES LLC	905,353	3	20.24% 

MARCH 2018 .. IPIX Volume ~ 4,078,577
11 MMs' reporting ..
( ETRF/CDEL/NITE @ 30% ..24% .. 22% ) .. total = 77.55% of *volume*
( ARCA & CSTI @ 10% and 5% )
( OTCX .. LAFC .. CANT .. VERT .. MAXM .. PUMA all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	4,078,577	3,388,387	12,600,185	ETRF	G1 EXECUTION SVCs, LLC	1,247,854	1	30.6%  
 
IPIX	Innovation Pharma	4,078,577	3,388,387	12,600,185	CDEL	CITADEL SECURITIES LLC	1,004,220	2	24.62%  
 
IPIX	Innovation Pharma	4,078,577	3,388,387	12,600,185	NITE	VIRTU AMERICAS LLC	910,681	3	22.33%  
  

FEBRUARY 2018 .. IPIX Volume ~ 3,388,387
10 MMs' reporting ..
( ETRF @ 34% .. NITE & CDEL @ 24% ) .. total = 83.04% of *volume*
( ARCA .. CSTI .. LAFC @ 6% .. 4% and 3% )
( CANT .. VERT .. PUMA .. VNDM all sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	3,388,387	5,133,221	8,521,608	ETRF	G1 EXECUTION SVCs, LLC	1,152,418	1	34.01%  
 
IPIX	Innovation Pharma	3,388,387	5,133,221	8,521,608	NITE	VIRTU AMERICAS LLC	838,168	2	24.74%  
 
IPIX	Innovation Pharma	3,388,387	5,133,221	8,521,608	CDEL	CITADEL SECURITIES LLC	822,921	3	24.29% 

JANUARY 2018 .. IPIX Volume ~ 5,133,221
9 MMs' reporting ..
( NITE @ 33% .. ETRF @ 25% .. CDEL @ 23% ) .. total = 82.27% of *volume*
( ARCA .. CSTI .. LAFC @ 6% .. 5% .. 2% )
( CANT .. PUMA .. MAXM .. all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	5,133,221	8,121,069	5,133,221	NITE	VIRTU AMERICAS LLC	1,721,407	1	33.53%  
 
IPIX	Innovation Pharma	5,133,221	8,121,069	5,133,221	ETRF	G1 EXECUTION SVCs, LLC	1,296,054	2	25.25%  
 
IPIX	Innovation Pharma	5,133,221	8,121,069	5,133,221	CDEL	CITADEL SECURITIES LLC	1,206,032	3	23.49% 

DECEMBER 2017 .. IPIX Volume ~ 8,121,069
11 MMs' reporting ..
( NITE @ 35% .. CDEL @ 23% .. ETRF @ 18% ) .. total = 76.89% of *volume*
( ARCA .. CSTI .. LAFC .. CANT @ 8% .. 6% .. 3% .. 2% )
( VERT .. MAXM .. INTL .. PUMA all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	8,121,069	4,031,082	62,497,265	NITE	VIRTU AMERICAS LLC	2,886,476	1	35.54%  
 
IPIX	Innovation Pharma	8,121,069	4,031,082	62,497,265	CDEL	CITADEL SECURITIES LLC	1,896,344	2	23.35%  
 
IPIX	Innovation Pharma	8,121,069	4,031,082	62,497,265	ETRF	G1 EXECUTION SVCs, LLC	1,461,977	3	18% 

NOVEMBER 2017 .. IPIX Volume ~ 4,031,082
11 MMs' reporting ..
( NITE @ 31% .. ETRF @ 25% .. CDEL @ 22% ) = total of 79.71% of *volume*
( VERT/CANT/ARCA/LAFC/CSTI .. @ 6% .. 4% .. 3% .. 3% .. 2% )
( PUMA .. MAXM .. AEXG all sub 1% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	4,031,082	3,856,915	54,376,196	NITE	VIRTU AMERICAS LLC	1,283,920	1	31.85%  
 
IPIX	Innovation Pharma	4,031,082	3,856,915	54,376,196	ETRF	G1 EXECUTION SVCs, LLC	1,032,596	2	25.62%  
 
IPIX	Innovation Pharma	4,031,082	3,856,915	54,376,196	CDEL	CITADEL SECURITIES LLC	896,653	3	22.24% 

OCTOBER 2017 .. IPIX Volume ~ 3,856,915
11 MMs' reporting ..
( NITE .. ETRF .. CDEL @ 33% .. 27% .. 25% ) .. total = 87.51% of *volume*
( LAFC .. CSTI .. VERT @ 3% .. 3% .. 2% )
( CANT .. STXG .. VNDM .. PUMA .. MAXM all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	3,856,915	2,395,379	50,345,114	NITE	VIRTU AMERICAS LLC	1,304,156	1	33.81%  
 
IPIX	Innovation Pharma	3,856,915	2,395,379	50,345,114	ETRF	G1 EXECUTION SVCs, LLC	1,068,898	2	27.71%  
 
IPIX	Innovation Pharma	3,856,915	2,395,379	50,345,114	CDEL	CITADEL SECURITIES LLC	1,002,365	3	25.99% 

SEPTEMBER 2017 .. IPIX Volume ~ 2,395,379
9 MMs' reporting ..
( NITE .. ETRF .. CDEL @ 33% .. 25% .. 21% ) .. total = 80.32% of *volume*
( VERT .. CSTI .. CANT @ 12% .. 3% .. 2% )
( LAFC .. ARCA .. PUMA all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	2,395,379	3,276,355	46,488,199	NITE	VIRTU AMERICAS LLC	807,293	1	33.7%  
 
IPIX	Innovation Pharma	2,395,379	3,276,355	46,488,199	ETRF	G1 EXECUTION SVCs, LLC	603,325	2	25.19%  
 
IPIX	Innovation Pharma	2,395,379	3,276,355	46,488,199	CDEL	CITADEL SECURITIES LLC	513,444	3	21.43% 

AUGUST 2017 .. IPIX Volume ~ 3,276,355
9 MMs' reporting ..
( NITE .. CDEL .. ETRF @ 33% .. 29% .. 21% ) .. total = 84.14% of *volume*
( VERT @ 9% )
( LAFC .. CANT .. CSTI all @ 2% )
( PUMA .. VNDM @ sub 1% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	3,276,355	4,896,207	44,092,820	NITE	VIRTU AMERICAS LLC	1,099,604	1	33.56%  
 
IPIX	Innovation Pharma	3,276,355	4,896,207	44,092,820	CDEL	CITADEL SECURITIES LLC	959,917	2	29.3%  
 
IPIX	Innovation Pharma	3,276,355	4,896,207	44,092,820	ETRF	G1 EXECUTION SVCs, LLC	697,321	3	21.28% 

JULY 2017 .. IPIX Volume ~ 4,896,207
10 MMs' reporting ..
( CDEL .. NITE .. ETRF @ 35% .. 31% .. 12% ) .. total = 80.42% of *volume*
( CSTI/CANT @ 6% per .. CANT .. LAFC @ 4% .. 2% )
( ARCA PUMA MAXM all @ sub 1% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	4,896,207	6,863,055	40,816,465	CDEL	CITADEL SECURITIES LLC	1,752,747	1	35.8%  
 
IPIX	Innovation Pharma	4,896,207	6,863,055	40,816,465	NITE	VIRTU AMERICAS LLC	1,559,023	2	31.84%  
 
IPIX	Innovation Pharma	4,896,207	6,863,055	40,816,465	ETRF	G1 EXECUTION SVCs, LLC	625,666	3	12.78% 

JUNE 2017 (note now IPIX) .. IPIX Volume ~ 6,863,055
11 MMs' reporting ..
( CDEL .. NITE .. ETRF @ 37% .. 30% .. 12% ) .. total = 80.50% of *volume*
( CSTI .. CANT .. LAFC .. @ 8% .. 4% .. 3% )
( ARCA .. MAXM .. PUMA .. VNDM .. MICA all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
IPIX	Innovation Pharma	6,863,055	5,182,012	35,920,258	CDEL	CITADEL SECURITIES LLC	2,569,233	1	37.44%  
 
IPIX	Innovation Pharma	6,863,055	5,182,012	35,920,258	NITE	KCG AMERICAS LLC	2,078,242	2	30.28%  
 
IPIX	Innovation Pharma	6,863,055	5,182,012	35,920,258	ETRF	G1 EXECUTION SVCs, LLC	877,231	3	12.78% 

MAY 2017 .. CTIX ( 52 week low *reset* to 63c on 5.10.17 ) Volume ~ 5,182,012
13 MMs' reporting ..
( CDEL .. NITE .. ETRF @ 43% .. 14% .. 11% ) .. total = 69.69% of *volume*
( ARCA & CSTI @ 10% .. CANT @ 5% )
( ARXS .. PUMA .. LAFC .. STXG .. VNDM .. MAXM .. FTBR all @ sub 2% )

Symbol
Issue Name
Market
Tot. Volume (Last Month)
Tot. Volume (2 Months Ago)
Tot. Volume (YTD)
MPID
Market Participant Name
MP Volume
Rank
% Of Total Volume

 
 
CTIX	Cellceutix Corp	5,182,012	6,320,318	29,057,203	CDEL	CITADEL SECURITIES LLC	2,254,605	1	43.51%  
 
CTIX	Cellceutix Corp	5,182,012	6,320,318	29,057,203	NITE	KCG AMERICAS LLC	736,389	2	14.21%  
 
CTIX	Cellceutix Corp	5,182,012	6,320,318	29,057,203	ETRF	G1 EXECUTION SVCs, LLC	620,365	3	11.97% 

none of this data is difficult to digest .. but it is time consuming which imo is exactly what NR counts on with *retail*

http://otce.finra.org/MonthlyShareVolume

note tho' the *lowest* % was a year ago May b4 mgmt's UPSIDE surprise of June 2017 .. note the following months' %s .. and then compare against PPS *relentless* compression in alignment with a *reduced* volume avg .. (i.e. NRs' Struggle to pry IPIX shares)

folks should also remember that the *legal* data reported in May 2017 vs July 2017 ..

Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover

 
 
05/15/2017	Cellceutix Corp	CTIX	1,037,384	875,733	   161,651	18.46	354,459	2.93 
 
05/31/2017	Cellceutix Corp	CTIX	1,161,877	1,037,384  124,493	12	579,670	2 

 
 
06/15/2017	Innovation Pharma	IPIX		1,234,237	1,161,877	72,360	6.23	650,213	1.9 
 
06/30/2017	Innovation Pharma	IPIX		1,458,432	1,234,237	224,195	18.16	594,048	2.46 
 
07/14/2017	Innovation Pharma	IPIX		1,302,241	1,458,432	-156,191 -10.71	609,859	2.14 
 
07/31/2017	Innovation Pharma	IPIX		1,206,257	1,302,241	-95,984	-7.37	389,777	3.09 

now note what the most recent (next set of dated data due out ah's on 5.24.18)
*legal* reported .. and take note of the avg daily volume *reported* re: IPIX .. from 2017 to this past month .. note .. it bears zero resemblance to being factual .. perhaps it's a *tell* or NR is projecting *intent* re: IPIX *volume* required ..

 
 
04/30/2018	Innovation Pharma	IPIX		1,113,653	1,131,509	-17,856	-1.58	536,933	2.07 

http://otce.finra.org/ESI

4kids