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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I will play Devil's Advocate as to the expectation

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Post# of 72447
(Total Views: 411)
Posted On: 05/30/2019 5:46:30 PM
Posted By: petemantx
Re: bandg #57052
I will play Devil's Advocate as to the expectation that a deal has to come soon - note that I am considering soon as thru the end of June. I, too, think the words we have been hearing from mgt lead to the thought that a deal will come about soon (mainly the unsigned term sheet) but I also realize I could be putting unrealistic expectations on the company since we don't know how far along they are on negotiations as they said they were still ongoing.

Leo has funds available thru the next 4 or 5 months to keep the doors open, but not much else in the way of advancing forward the pipeline.

He keeps repeating that he wants to make the BEST deal for our products.

So what is to keep a deal from not happening until the end of the summer which could take us all the way thru Sept? It wouldn't be good as far as advancing the pills for B and K, I assume, due to a lack of funds, but other than that what is the downside for the company?

I post this as we have all consistently assumed time lines that have been wrong (being far too optimistic) since CTIX started trials. Hope we are all not projecting our hopes as to timing above Leo's actual expectations.

I have reached my ultimate investment level so I am now simply along for the ride. Daily gyrations in price mean nothing. Spikes mean nothing, absolutely nothing, as prior to a deal I believe it is all due to NR games.

The real upside to this timing question is that NR also has not a clue as to when the big news will come about.


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