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Innovation Pharmaceuticals Inc IPIX

Innovation Pharmaceuticals Inc. is a clinical-stage pharmaceutical company. The Company is engaged in the business of developing or licensing small molecule therapies. The Company’s lead drug candidate, Brilacidin, is in a class of compounds called defensin-mimetics, small compounds that mimic the structure and function of defensins, also known as host defense peptides. The Company’s efforts are primarily focused on business development for the advancement of Brilacidin. It is primarily focused on advancement of its drug candidate Brilacidin for decreasing the incidence of severe oral mucositis as a complication of chemoradiation in oral mucositis. The Company also owns an interest in BT BeaMedical Technologies Ltd. (BTL), a private company developing an image guided surgical laser platform. The Company is monitoring BTL’s progress in advancing its laser-based thermal ablation technology platform targeting epilepsy and oncology procedures.


GREY:IPIX - Post by User

Post by Brito1on Feb 07, 2020 2:21pm
239 Views
Post# 30659598

Current state of affairs

Current state of affairs
Nefarious criminal activity against this company is a given. Is there unlimited air shares available to the naked shorters, who knows. One thing we can take solace in is that the company progresses forward despite inept attempts by this group to initiate a mass sell off. Shares are held tightly by battle hardened longs and shorts are caught between a rock and a hard place. To garner the quantity of shares to cover would require allowing the stock to run past the $2 mark. As the noose tightens the criminals have no game and are soon to realize that they are dead shorts walking.
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