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Innovation Pharmaceuticals IPIX
Posted On: 08/19/2015 3:53:05 PM
Post# of 72447
Posted By: BooDog
Re: WellSpring #12852
Simply conjecture. While a depressed stock price is detrimental to acquiring needed funding that just isn't the case at the moment. Staying this low for a long period, into mid 2016 then maybe. Don't see that happening. I'm thinking we rebound just fine, and soon.

Quote:
What are your thoughts from noretreat's comment earlier:


"There is nothing Leo or Krishna can say or do at this point to restore credibility. It will take a strong trial result to do that. Funding the p3 for B is now going to be much more dilutive. It is nearing the point where a partner will be needed just to get that going...imo. Managements bargaining position is seriously eroded."



off topic; btw, anyone been watching CLTX? That'll be CTIX on steroids when we get the right trigger. :-)













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