Innovation Pharmaceuticals Inc (IPIX): If CTIX defaults, I'm not sure Leo can w...

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Innovation Pharmaceuticals Inc (IPIX)

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Re: Bruinfan4ever post# 172830

Tuesday, 02/21/2017 7:52:10 PM

Tuesday, February 21, 2017 7:52:10 PM

If CTIX defaults, I'm not sure Leo can walk away with the drugs? Assets would be auctioned off, creditors paid and what's left of the stock price probably zero... PolyMedix assets got sold for 2 million, so a similar situation would be here except a higher auction price...

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