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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Obviously none of us knows what kind of deal is in

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Post# of 72447
(Total Views: 384)
Posted On: 05/28/2019 5:47:25 PM
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Posted By: Kelt
Re: immunodoc #56973
Obviously none of us knows what kind of deal is in the making.I'm assuming either the licensing of an asset or sale of an asset or a partnership.

The latest PR referred to the term "Definitive Agreement" so I'm throwing this post out there for any with a banking/legal background to chime in.

Usually by the time a Term Sheet is signed,much of the DD has already been completed which took most of the time involved.

As suggested by the article,arriving at a "Definitive Agreement" could happen rather quickly (30-60 days) if I'm reading it correctly.

Hopefuly we'll get some educated opinions on it.(From RELIABLE POSTERS)

Kelt


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