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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I can tell you anything is possible. Here's a qui

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Post# of 72447
(Total Views: 240)
Posted On: 09/19/2018 9:18:43 AM
Posted By: BooDog
Re: petemantx #48994
I can tell you anything is possible. Here's a quick example...


“We are very happy that an existing long-term shareholder continues to show faith in the potential of Navidea as well as the future direction of the Company led by a new, streamlined management team,” commented Mr. Jed A. Latkin, Chief Executive Officer of Navidea. “The ability to quickly raise $3 million without having to pay any fees, give any warrants and at a price near market was an opportunity that the Company could not pass up. It also gives the Company significant runway to allow for the planned launch of the confirmatory rheumatoid arthritis study in the upcoming quarter.”

Though we have seen this in the past for IPIX as well. And possibly they are so close that Leo is turning down these types of cash infusion.

Anything can happen, and the wheels can turn very quickly.


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