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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Thanks, I just wanted to check your math. A $2.1B

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Post# of 72447
(Total Views: 650)
Posted On: 10/08/2018 2:32:25 PM
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Posted By: Loose Lips
Re: Squar #49562
Thanks, I just wanted to check your math. A $2.1B market cap and a PPS of ~$14 is bad math. That would put the outstanding share count at 150M shares. We know from the 10k that the OS is (at least) 163M which means the pps would be ~$12.88 .
But lets just use the ~$14 pps anyway: you are claiming at that valuation that you will have a $10M investment, so that means you have purchased on the order of ~714,000 shares. ("$700M upfront will likely make me $10M in short order. Read More: https://investorshangout.com/post/view?id=522...I" src="/images/icons/icon_wink.gif" class="post_smiley" />

That is a massive investment even if you somehow managed to buy the majority of your shares under a dollar. You also claimed back in one of your early posts you have been around since 2011, yet you started posting in June of 2018. So you invested multiple hundreds of thousands of dollars over the span of 6.5 years and then decided it was time to actively start posting on the message board???? Since that time you have posted on a regular basis. Seems pretty suspicious. What exactly would you expect to accomplish or even discuss with anyone that would have any benefit, or make any change to your massive investment this late in the game??
This is a not a pattern of behavior that a real investor/person would display........


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