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Innovation Pharmaceuticals IPIX
(Total Views: 461)
Posted On: 06/26/2019 11:15:31 PM
Post# of 72447
Posted By: gchgch
Re: petemantx #57758
I completely disagree. Debt is the road to BANKRUPTCY. Don't you remember the way we acquired Brilicidin? PolyMedix was unable to pay its debts; IPIX (CTIX) bought virtually all its assets for $5Million. Let's not go down that road.

quote:
Instead of issuing massive stock dilution to raise a few million, issue promissory notes with 18% interest that they expect to pay off in just a year or two so as not to allow late investors to steal the bulk of the assets from early investors who have sat on their investments for many years.

gh













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