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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I bought more yesterday to round up to an even num

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Post# of 72447
(Total Views: 556)
Posted On: 09/27/2018 5:59:31 AM
Posted By: Chemdeps
I bought more yesterday to round up to an even number.....never imagined I would own this much IPIX stock. The crazy part is that we know a non-binding term sheet has been signed and as Kelt indicated, this is late in the game in terms of negotiations. The FUDsters would have you believe that because these deals take time, there really is no signed term sheet and a deal is not going to come to fruition. I don't doubt the information in the 10K regarding the term sheet and it would be incredibly gutsy and foolish to put false information there with Sullivan watching and waiting for his pay off from the stock he was compensated with. I suppose its possible that negotiations could drag on or we could get a deal that is not as large as we are expecting. Consider this though, the initial plans for a deal according to the milestone agreement were for B-OM and then changed to include B-OM and B-UP (or IBS in general). Leo mentioned in the B-OM comparison that the size of the market for B-OM was $1B. I assume this means $1B per year in potential revenue which in terms of value to a BP is much greater. Add B-UP to that and it sure seems like this deal will be significant. I could be completely off base, but I am willing to bet on these signals at this time. All IMHO


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