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Innovation Pharmaceuticals Inc (CE) (IPIX)
Innovation Pharmaceuticals Inc (CE) (IPIX) Noticias

Innovation Pharmaceuticals Inc (CE) (IPIX)

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Cerrado 30 Marzo 2:00PM

Delayed by 15 minutes

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Form 8-K - Current report

Form 8-K - Current report

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB

Form 8-K - Current report

Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]

Quarterly Report (10-q)

0001355250false--06-30Q3202336062010800.001100000000000108745930.00010.00011000000006000000002300000.0000026000010004000000P5M30D80001486000000.250...

Quarterly Report (10-q)

0001355250false--06-30Q2202362062062010800.001100000000000108745930.00011000000000.0001600000000014860000.110.090.50000.19P8M12D5000000.05000000.02...

Notification That Quarterly Report Will Be Submitted Late (nt 10-q)

OMB APPROVAL UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE...

Current Report Filing (8-k)

0001355250false00013552502022-12-302022-12-30iso4217:USDxbrli:sharesiso4217:USDxbrli:shares UNITED STATESSECURITIES AND EXCHANGE...

Quarterly Report (10-q)

0001355250false--06-30Q120236206206200.00110000000000010874593108018000000156414630.00010.00011000000006000000009732300000148600080000.090.10000008...

Annual Report (10-k)

0001355250false--06-30FY202262000.001100000000000108745930.00010.0001180000001080156414630.000100.00011000000000000002300000.0371000371000148600080...

Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction...

Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction...

Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction...

TheHound

TheHound 12 horas hace

IPIX is dead. Bagholders are screwed

leavetheguntakethecannolis

leavetheguntakethecannolis 1 día hace

Your stock answer you have only used about a thousand times now. Completely expected and comical as always.

Thanks for the laughs Pennywise.

Cassius Longinus

Cassius Longinus 1 día hace

I wonder if everyone shown on linkedin, working for Bea-Med, are actually working for Neo-laser to get paid until this case is closed. Would Gil have to disclose that to anyone?

zandant

zandant 2 días hace

What would be incredible is hearing from Ehrlich again...

zandant

zandant 2 días hace

In that "special place," Ehrlich will no doubt be floating around trying to sell shares to a higher place.

sunspotter

sunspotter 2 días hace

"Delighted in playing a part helping treat people with a serious illness? Of course, yes."

Then perhaps you should find a real pharmaceutical company developing a real treatment rather than a scam that exits solely to enrich Leo Ehrlich?

If you could help fund a company that has a treatment for kleptomania, then maybe it would stop money being given to sick sociopaths like Ehrlich and actually being used in a constructive way for actual R&D.

leavetheguntakethecannolis

leavetheguntakethecannolis 2 días hace

Delighted in playing a part helping treat people with a serious illness? Of course, yes.

Unlike yourself who delights in crucifying companies daily who strive to cure people with serious illness.

Theres a special place waiting for you when it's your time. Rest assured.

sunspotter

sunspotter 3 días hace

Only people deluded enough to think that IPIX is a good investment, and that IPIX has a fungible interest in BeaMed, would be so obviously delighted in an uptick in cancer.

Although Ehrlich himself is a kind of cancer on the body financial, to be fair.

leavetheguntakethecannolis

leavetheguntakethecannolis 3 días hace

An estimated 35 million new cancer cases to occur in 2050, WHO warns

https://www.medicalnewstoday.com/articles/an-estimated-35-million-new-cancer-cases-to-occur-in-2050-who-warns

https://www.beam-med.com/

The right place at the right time.

👍️ 2 🤢 1

duchamp

duchamp 3 días hace

That would be incredible. Crossed fingers.

sunspotter

sunspotter 4 días hace

"That can only work to our advantage imo until we get good news on our investment in BeaMed which should happen soon"

"Our" investment?

Bless your soul!

Your naivete is touching even if it impoverishes you.

olden_grumpini

olden_grumpini 4 días hace

Update on the IPIX appeal. Below is from the Appeals Court website:

03/17/2025 Notice sent seeking information on unavailability for oral argument in May 2025
03/18/2025 #22 Response from Daniel J. Dwyer, Esquire re: unavailable for oral argument May 1, 5, 6. (Received 03/17/2025).
03/18/2025 #23 Response from Michael Barker, Esquire re: unavailable for oral argument May 5.
03/26/2025 #24 Response from Michael Barker, Esquire re: unavailable for oral argument May 5, 8.

MackG

MackG 4 días hace

That can only work to our advantage imo until we get good news on our investment in BeaMed which should happen soon.

Cassius Longinus

Cassius Longinus 4 días hace

03/26/2025 #24 Response from Michael Barker, Esquire re: unavailable for oral argument May 5, 8.
This is dragging tf out!

TheHound

TheHound 2 semanas hace

Leave the gun take the thing shaped like a cannolis but smells like shit? Fitting.

So, after this post you now want to invite me into the Good Ol' Boys Club?

Shit’s dead. C’mon! Impossible to fuck up!

loanranger

loanranger 2 semanas hace

Cassius Longinus

Cassius Longinus 2 semanas hace

Bea-Med better get ta humpin’. All those marks on the payroll gets expensive.

Cassius Longinus

Cassius Longinus 2 semanas hace

03/17/2025 Notice sent seeking information on unavailability for oral argument in May 2025

leavetheguntakethecannolis

leavetheguntakethecannolis 2 semanas hace

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175923783

So, after this post you now want to invite me into the Good Ol' Boys Club?

PJ007

PJ007 2 semanas hace

Did Frenchy get banned????

loanranger

loanranger 2 semanas hace

For some reason a couple of Moderator positions have opened up. Interested? All you need to do is click the button.

sunspotter

sunspotter 2 semanas hace

Someone who I don’t entirely trust told me that, and I quote:

“ Leo is selling his $2,000,000 estate to son Elliot for a BUCK!”

If true, I guess that’s the kind of thing you do before being sued for bankruptcy.

loanranger

loanranger 2 semanas hace

The shape's the same but I'm not sure that those are cannolis.

TheHound

TheHound 3 semanas hace

They took the cash and left the cannolis. IPIX is dead.

leavetheguntakethecannolis

leavetheguntakethecannolis 3 semanas hace

Like clockwork, of course you refute my positive speculation. This is what you are paid to do. I understand.

frenchbroad

frenchbroad 3 semanas hace

The years ridicule from you and Ipix obsession tells me:
Plus de chapitres dans le roman ipix

MackG

MackG 3 semanas hace

"Trying is the first step toward success." So say successful people.

loanranger

loanranger 3 semanas hace

Maybe KIps Bay doesn't need the $10K right now.

👍️ 3 😆 1

leavetheguntakethecannolis

leavetheguntakethecannolis 3 semanas hace

I obviously am not able to verify this notion, but I would not be surprised if Kips Bay has had communication with Leo regarding BeaMed happenings given their significant position in IPIX. Probably why they are still holding even with the share price collapse. Just a hunch on my part.

PJ007

PJ007 3 semanas hace

Who is bean????

sunspotter

sunspotter 3 semanas hace

“Any contact with leo?????”

Mr. (French/Broad) Bean will have to plead the Fifth to that particular question to avoid self-incrimination.

sunspotter

sunspotter 3 semanas hace

“Scenerie” is neither a French nor an English word, Mr. Bean, just as IPIX is not a legitimate stock and just as Leo Erlich is a greedy dishonest grifter. It’s not even good Franglais.

Everybody knows that now, of course, so any remaining IPIX pimps are either insiders or great fools looking for greater fools onto whom to offload their shares.

PJ007

PJ007 3 semanas hace

Thanks Frenchy, where have you been???/ Any contact with leo?????

frenchbroad

frenchbroad 3 semanas hace

Kips Bay records no filings they sell their Ipix. BeaMed hires persons they will need if Stingray is approved. Good Brilacidin science only grows. I am ready to be quick with money when the scenerie has changed.

TheHound

TheHound 1 mes hace

IPIX is dead. Bagholders are screwed.

williamssc

williamssc 1 mes hace

Hopefully for all of us it's not due to bankruptcy. The expert market might be a dark hole, but we are still alive.

leavetheguntakethecannolis

leavetheguntakethecannolis 1 mes hace

You mean Mr. Loan would his $15 +/- investment? 😮

williamssc

williamssc 1 mes hace

In bankruptcy shareholders would receive nothing at all. Maybe there's hope after all.

loanranger

loanranger 1 mes hace

My pleasure....glad you asked the question.
Have you noticed that my simple breakdown has gone unchallenged?

Where are they?
Wouldn't Leo file for Chapter 11 protection if he thought the Company was worth protecting?

sunspotter

sunspotter 1 mes hace

“ So, if the worst case for IPIX comes to pass, it would still leave a great deal of equity ownership in BeaMed.”

Doubt it. Valuing shares in a privately held foreign company is a tricky art, especially when that company is months if not years behind their own announced launch schedule for their me-too medical device.

I doubt that the fire sale of IPIX’ BeaMed shares will even cover the roughly $2 million they now owe Cummings.

realscottsmith

realscottsmith 1 mes hace

Thanks for the breakdown.

I suspect the lawyers may have demanded what they thought would be full payment upfront. They certainly would have known what type of businessman Leo was.

Then, of your three options, I suspect the order of operations was:

1) Took salary until out of cash (perhaps left a small amount in reserve)
2) Out of cash.

loanranger

loanranger 1 mes hace

Since you asked: The last time the Company provided a Balance Sheet was as of 9/30/23 and the cash balance was $864,000.
LE's salary was $475,000/yr at that time and no change to that rate has been reported. He also received $50,000 in Director fees in the previous fiscal year but for this purpose I'm leaving them out.
$475,000/yr = $39,583/mo.
10/1/23 - 1/31/25 = 16 months
16 x $39,583 = $633,333
$864k - $633k = $231K

If he has continued to take his salary they have ALREADY run out of money given that:

1. EmployeR portion of payroll taxes would have had to have been been paid.
2. There were liabilities due on 9/30/23 that can be seen here:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1355250/000147793223008688/ipix_10q.htm
3. Jane Harness has had a salary of $275,000/yr.
4. Any reason to think that the lawyers handling the Cummings case are working pro bono?
5. Obviously there are some minor ongoing expenses. Phones may not be getting answered and the website may not be getting updated but neither have been shut down for nonpayment.

The possibilities are:
1. LE & JH stopped taking salaries at some point.
2. The Company is out of cash.
3. Both.

ps. JH officially gone?
https://www.linkedin.com/in/janeharness/

MackG

MackG 1 mes hace

So, if the worst case for IPIX comes to pass, it would still leave a great deal of equity ownership in BeaMed.

loanranger

loanranger 1 mes hace

And try to sell those Preferred Shares? The whole thing has a familiar aroma to it.

👍️ 1 🤓 1 🥸 1

realscottsmith

realscottsmith 1 mes hace

Wonder how my cash Leo has left...

olden_grumpini

olden_grumpini 1 mes hace

Update on the IPIX appeal. Below is from the Appeals Court website:

02/18/2025 Notice sent seeking information on unavailability for oral argument in April 2025
02/19/2025 #21 Response from Daniel J. Dwyer, Esquire re: unavailable for oral argument April 15, 16.
02/19/2025 Response from Michael Barker, Esquire re: available all dates for oral argument..
The judgment interest is accruing at over $750 per day. In August, the court granted Cummings a lien on IPIX's stake in BT BeaMedical. If IPIX loses the appeal, the funds to pay the judgment will come from its BeaMedical holdings.

Cassius Longinus

Cassius Longinus 1 mes hace

Response from Daniel J. Dwyer, Esquire re: unavailable for oral argument April 15, 16.
02/19/2025 Response from Michael Barker, Esquire re: available all dates for oral argument

leavetheguntakethecannolis

leavetheguntakethecannolis 1 mes hace

"Probably not as long as it will take you to pose an intelligent question about IPIX"

And I'll continue to ask questions (rhetorical) you will never answer truthfully. It's OK professor, just keep doing your job.

👍️ 3 😛 1

leavetheguntakethecannolis

leavetheguntakethecannolis 1 mes hace

"How long before you guys admit your mistakes?"

Why do you express an overwhelming concern, almost daily for years and years now, regarding total strangers' investment decisions that have absolutely zero effect on you? Please enlighten us.

👍️ 5 💯 1 🤔 2 🧐 1

MackG

MackG 1 mes hace

I nearly forgot that you announced on the board last year that you finally bought 100 shares of IPIX. Good luck.

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