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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

None of us currently knows our financial position.

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Post# of 72445
(Total Views: 582)
Posted On: 09/03/2019 5:38:40 AM
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Posted By: Devo84
None of us currently knows our financial position. Last time I checked the upfront payment from our last deal was not disclosed to the public. What if we’re sitting on 5-10 million with a soon to be partner coming in for b-OM filling our tanks to push other indications and other drugs. If I had to bet Leo will secure a 20 million plus upfront for b-OM deal. You can only speculate that we need money. Those of you saying you’ll take anything under 5 a share need to go back and look at the science and then look at the market that we hopefully get approval for and add your multiplier. Buyout price for 2-3 dollars is laughable IMO but then again that my opinion. Everyone has their own agenda here but my first sell point is double 5 bucks a share. Even if I have to wait 2 years. I would lean towards that we will be hearing very shortly great news. I’m looking forward to the next month. As I believe that is when the news will come. Hopefully the 10k will state our current financials and show the amount either small or big.


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