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Innovation Pharmaceuticals IPIX
(Total Views: 292)
Posted On: 09/19/2018 6:50:56 PM
Post# of 72446
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Posted By: Squar
Re: AlanC #49011
Alan,

You can find the information on page 14 the 10-Q filed in Feb 2016 at the link below. I copied and bolded the relevant portion for you underneath.

http://edgarpdf.com/datafeed2/?url=https://ww...-index.htm

On November 5, 2015, the Company issued 1 million stock options to a law firm for services, valued at approximately $432,000, based on the closing bid price as quoted on the OTC on November 5, 2015 at $1.36 per share. These options were issued with an exercise price of $1.70 and vested immediately, with a three year option term. These options have piggyback registration rights.

November 5, 2018 appears to be the exact date. Obviously without a deal they will expire worthless. With a deal it will depend on the terms of the deal. Hopefully the optimists are right that we will see $100M+ upfront which should get us there in short order. No one has a clue how this will end.

Prayers for continued progress with your recuperation from surgery.













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