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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Spot on the increase in the outstanding was very s

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Post# of 72446
(Total Views: 326)
Posted On: 11/09/2018 7:14:24 AM
Posted By: AlanC
Re: scgmck1 #50943
Spot on the increase in the outstanding was very small. I think longs realize the shorts are largely responsible for the huge decrease in share price. Aspire would not have been issued nearly the number of shares it was had we not been under attack continuously by Mako's employers, ( On the bright side most of us would not have nearly the number of shares that we now do.)
After thinking a bit about the update and the filing I am excited that no mention was made of the term sheet. Obviously if it was no longer in play it would have been mentioned in either or both the filing and the update.
The more I thought about it the more I wondered if it was Celgene who signed the term sheet and if so what better place to shine the spotlight on the partnership than at the upcoming presentation? If I am wrong and it is not Celgene then hats off to management for holding off on the partnership announcement until after the presentation, when Celgene is the event sponsor.
Class act. Go IPIX!!!


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