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We always knew that Menon and Ehrlich had 40 million. No significant change
Aspire has great confidence in IPIX. They are a very large shareholder. This new financing confirms that. IPIX probably won't need those additional shares
You know that was tongue in cheek
It's held as Treasury Stock. Can be sold just like the shelf registration
Company bought that stock to pay his taxes. Not sold in open market. Treasury stock
Some will find fault with whatever Leo says. Like yest someone said the company should be buying back stock
Sox I believe you are correct. The bulk of the short sales is the normal MM function to maintain an orderly market
These trial designs were done with input from BP. IPIX asked them what they are looking for.
It would make the most sense to partner with one BP for the whole B franchise
Class action. Hmmm. Don't you have to show a loss to participate? I thought you were up big on your short
Leo has said they are following the protocol that BP has suggested. Once results are in it should be a fairly quick deal
I speak to Leo and Art from time to time. Last about 2 or 3 weeks ago.
Let me say they never give me any non-public information
They assured me that they do not have any info on how the P ph2b is proceeding. The only thing they do know is that the study is ongoing which means there have been no severe adverse affects. If there were, the study would have been stopped. So, my interpretation is the 400 mg dose is not toxic.
They said they are still anticipating preliminary in Q3.
Agreed. Leo doesn't have data yet imo
I am still waiting for godot
Your guessing. It could be you or other people who think they can buy it at .50 or lower
What evidence do you have that Aspire is selling
It will once we have substantial cash in bank
So much on this site is speculation. The only facts we have is what the company has published. And some don't believe that.
A stock award is ordinary income
Ok. But they have a sales force etc. we have to partner and end up with royalties. Still lucrative but not as much
George Celgene developed and sells these drugs themselves. Unfortunately we don't have the resources to do the same. We have to partner and end up with a smaller piece of the pie
Don't count on it
You can guess whatever you want
I put in a "guess" end of September because company has said on multiple occasions Q3. I also said if it's early October no big deal
I'm with u
My min is a $5 billion buy out which is about $27 fully diluted. Come to papa
Don't be fooled by posters representing they know when P interim or any other PR will come out. They want to set you up for disappointment. P interim Q3. My guess toward end of September and even if early October no big deal. No one has any inside info as to when a PR will come out
Of course they will do DD. What will they find? Effective medications that are worth billions
Partners don't care about financials. There is no debt or liens. BP buys IP
Someone posted that yesterday. Never happened
Aspire makes 10% just like the PIPE investors made 10%
Leo wants to let Menon do his thing. Partner each item. Gather his piece of each sale and pay dividends to the stockholders. He can do all that from Boca
Oh please. I'm 71. Have a multi million dollar business and have more energy then most people who work for me. I don't have to work. I love it
Aging staff. I believe Leo is maybe 59. That's young
You're sure if nothing. All speculation
Where in the world did you get that #
Where else could they accumulate that large a position?
Probably way less than 1%