FWIW - from the 10K filed 9/11/2018 Total compensation

New Post Public Reply Private Reply Replies (2) Message Board
Faustus Commando911 #52264
596
FWIW - from the 10K filed 9/11/2018

Total compensation for IPIX Officers

Leo Erlich. $465,850
Arthur Bertolino. $1,766,954
Jane Harness. $518,620

Total. $2,751,424

For an enterprise that has a market cap of $15,532,870 as of close 12/21/18, with no revenues or partnership, revealing that Prurisol results did not meet endpoint......that seems excessive.

Quote:
The investigational treatment Prurisol did not meet the primary endpoint in either treatment arm (300mg and 400mg) assessed as a measure of efficacy (active versus control) using the Psoriasis Area and Severity Index (PASI) scale—specifically, the proportion of subjects achieving at least a 75 percent reduction from baseline in PASI score (PASI75) at Week 12.


Pretty sweet gig: no results or partnership, and get paid like that while shareholders watch their holdings drop to 52-week lows.......

Thanks, Leo - Merry Christmas.
1

Innovation Pharmaceuticals Inc (IPIX) Stock Research Links

IPIX Board Company Profile Buy Rating Time & Sales News Filings Financials