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Why reference Leo's faith?? You are clearly an anti-semite. You should be banned from this site
How about selling the company for $1, $2 or $3 a share plus a stub for 10% of future revenues. That's a big win
I was being facetious. All these phonies who claim to be trading from buying at the low and selling at the high.
Surprised the traders didn't all claim to sell at .18 on the opening this morning with their massive blocks
Fantastic PR. IPIX drugs will move faster to market and at less cost in Europe. Unmet medical need will help many people.
Leo making excellent decision
Mind trading is done by the mindless. They call it something else where I come from.
Stop the madness
Scott, prove that Pfizer was working K years ago
As you say. Prove it
Zero chance? That’s a moronic statement
Laughable
But your posts are clear as a bell
We disagree
Cronyism? He made it up.
We certainly do
Innovation Pharmaceuticals Granted End-of-Phase 2 Meeting
11:10 am ET October 24, 2018 (Globe Newswire) Print
That's on my TDAmeritrade feed. It was also emailed to all
They don't need BTD. A good FDA meeting with permission to move to phase III is all they need
That has nothing to do with the blackout period
George please explain why a buyback blackout period would be bullish for IPIX when they don't buyback stock.
At this price isn't it time for some to move on to greener pastures or do you need to squeeze out that last few percent
George, if so, how do we monetize it.
One more time for the dumb.
For every purchase there is a sale.
Someone is buying all these shares being sold. Unless the MM is taking them for inventory.
For every sell there is a buy.
Another thing you have no understanding of
Someone is buying huge amounts of stock
Contracts can always be renegotiated
I have no inside information but I believe these outfits operate where they sell some and hold some.
Someone is going to make a fortune with these drugs. It may be IPIX or some other entity that buys them on the cheap
A well funded enterprise who gets these drugs is going to make a fortune with them. All we need is a taste to make a lot of money.
So we could have made another agreement with Aspire and changed the pricing.
Is this MFO just ignorant? Do you think they just throw millions out the window?
They must see something to invest in.
Why the MFO and not more Aspire.
My thought.
The MFO as disclosed invests in biotech companies.
Maybe, just maybe they have some excellent connections with BP that Aspire does not have.
I believe it was a simultaneous transaction no matter when it was reported.
OMG! You come up with some dozzzzzzzs
Huge distortion. Those were shares in lieu of compensation and was taxed at ordinary income at .40 per share. He sold enough back to the company to pay taxes. Dr. B did not benefit from that sale except that he now holds shares with a basis of .40 that are worth .18
I think it’s a reasonable assumption. If we had multiple bidders we wouldn’t need this financing. IMO
George. What are they waiting for?
We need multiple bidders
BK won't happen. IPIX can go for years as is by cutting all expenses and just sit on B. Market cap fully diluted is about $50MM. I believe B is worth some multiples of that. You pick the number.
I have no idea what number Leo is asking for. But I'm guessing that the BP is lowballing. They're playing the dance
Sell 'em to me. I'm on the bid. Watch the delayed reaction