So that was about a 30% stake in HGEN for $71 mill
Post# of 72440
(Total Views: 461)
Posted On: 06/02/2020 12:43:55 PM
So that was about a 30% stake in HGEN for $71 million.
An equivalent deal would be about 100,000,000 shares in exchange for $15 million. That would be enough to clear all our liabilities and run a phase 2a B-UC or possibly even a good sized phase 2 (oral is cheap to run). Stock would run pretty high on that news.
Still wish we sold 5,000,000 shares for $15 million back in 2015 but alas...hindsight.
Go IPIX!
An equivalent deal would be about 100,000,000 shares in exchange for $15 million. That would be enough to clear all our liabilities and run a phase 2a B-UC or possibly even a good sized phase 2 (oral is cheap to run). Stock would run pretty high on that news.
Still wish we sold 5,000,000 shares for $15 million back in 2015 but alas...hindsight.
Go IPIX!
(3)
(4)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
Scroll down for more posts ▼