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Nice 25K buy.
Good volume in first 30. Some profit taking but with P data in the wings I assume we see next leg up this afternoon.
Great Post! Information and facts rule the day! Thanks KarinCA! Datalock is in effect. Now we wait for ipix to dice up the data. Let’s hope for some stellar results!
Sorry you lightened your load. Always time to pick up more and get back in. Huge volume and close at High. All 3 milestones will hit IMO. And we will sit in the teens or higher. Just depends on P results and just how much they get upfront.
I feel the same. I have been adding for 7 years and recently doubled and then tripled my holdings in the .30-.40’s. We are not there yet but this milestone based PR was a new and brilliant strategy. Let’s see how Aspire plays it.
Prurisol could be the spark that takes us to new highs leading into BTD and then an upfront DOUBLE DIGIT MILLION license agreement. I know Leo knows we will hit all 3
Great post. I’ll start reminding the board this share price was at 4.40 in dec 14 and only had two successful trials. Fast forward 5 more.......and only 38 million shares more in the OS we are only at .58/.59. Going back to 4 dollars plus on 3 milestones that if met should pop this well above. IMO.
Bio moves fast. Especially when late stage results are near. And possible first time license deals......DOUBLE DIGIT MILLIONS UPFRONT....love that term. ;)
IMO. It was last day of Q. Needed to add cash to Q. It sends a message to the investment community, as the price was .38 that Aspire felt that was the lowest it should be. Overall, I think this move was one of the most brilliant PR related moves by ipix. It will spark excitement for the next 3 months. The milestones will add an additional PR each time one is hit.....double whammy. It allows a stair step price security for us shareholders. Leo dropping the data lock hours into the trading day was beautiful. He knows they will reach all 3 milestones. IMO.
Also, that 2 million at .38 could have been to pay the final bill for cro phase 2b, and therefore they locked data.
The next 3 months will be exciting as we climb back to where we should be in high dollars. IMO.
Stair step to heaven baby!!! Milestone after milestone. New highs —- higher lows. Back to dollars baby!
Multi MILLION upfront license deal on deck
It’s just cracked man. Count down to a powerful studies topline. In the upcoming weeks I think we get over a $1
235k trades 1.5 hours in UP 25%
Now we see 35% Pasi 75. We trump Otezla bringing in billion
Paid the CRO off yesterday. Got the Lock!!! IMO. Thanks Aspire for making it happen
All good Lorena. All good. Part of plan
Here we gooooooi
BOOM!!! It was all a plan!!! Nice work Leo. You da man.
This gives the company cash to ride out 3 months and hit all 3 very important milestones. I will buy 5k worth on Monday betting we hit each over the next 2 months.
.48 or higher today
Anytime we see a pre market hit below —— we are green big time
Aspire paid 2million at .38. And cannot cash out those additional milestones unless share price is over .50 We are at .38
I expect to see much higher prices over the next 3 months.
Cash is always needed and this was a stair stepping way to do it.
Good for IPIX
(1) The number of shares of common stock to be outstanding after this offering is based on 155.1 million shares of common stock outstanding as of May 6, 2018 and excludes 41.4 million shares issuable upon the exercise of stock options outstanding at March 31, 2018 and shares issuable upon the conversion of amounts outstanding under a convertible loan held by the Company’s Chief Executive Officer, which included approximately 4.1 million shares as of March 31, 2018.
(2) Except as otherwise indicated, all information in the prospectus supplement, including the number of shares of common stock outstanding immediately after this offering, assumes no exercise of the commitment warrants and that the additional securities consist of 13.2 million shares of common stock at a price of $0.38 per share.
Shares of common stock to be outstanding after this offering
176.2 million shares of our common stock(1)(2)
The closing for the additional securities will occur on or before the second business day after the date of announcement (as defined in the Purchase Agreement) of the breakthrough therapy designation, primary end point of the Prurisol trial, or licensing arrangement, as applicable, provided in each case that the closing price of our common stock on the applicable date of announcement is equal to or greater than $0.50 per share. The purchase price for the additional shares of common stock will be equal to the average of the closing sale prices for the five consecutive business days immediately preceding the applicable date of announcement.
https://www.bamsec.com/filing/147793218003252?cik=1355250
The filing states all MILESTONES can only have Aspire close on additional securities if price is above .50.
That’s good.
I’m telling you. This whole agreement is to stair step and take the share price up.
Interesting PR. I have to admit I’m very surprised and more so confused. I figured we’d see a PR about something. And then Leo would sneak in the P expected Q3 in the fine print. But why do this? A quick full 2 million at .38 - today’s share price. So that sets a bottom - I get that.
But why the milestones. I feel Leo did it to create PR. Show confidence. And spark further milestone PRs for more exposure as they hit each over the next 2 months.
I do believe they will hit each, but why create a new agreement when cash is avail via old agreement.
I feel ipix is going to use this as a latter. Step up....solid financing to anchor at milestone one. That sets the first step. Hit milestone 2 at higher price...ipix gets more cash higher and that then sets 2nd step...and then hit milestone 3 and again another step up and we get cash at set price....step up.
Interesting news. Let’s get that double digit upfront!!!!!!!!!
B-OM is an open market. Nobody owns the market. That is exciting. Analysts say IPIX is in the lead to gain first in class. Who’s gonna sign the dotted line? TBD
My thought too. Someone found out something and quickly bought 8K worth of shares or more. Maybe they believed a PR was to follow and that never happened. Let’s see if we get something tomorrow.....if so.......whoever bought those shares today had good intel.
Up 18% on tight volume? Okay. I’ll say the silence is becoming louder!
16K at .50? Strange
Lol. Thanks. I really do mean it.
I am paid to understand businesses. I am paid to understand processes. I am paid to understand people.
I will and have put my money where my mouth is here and believe 100% ipix will come out on top based on my DD and my interaction with ipix. Disclaimer they have not answered my emails in a very long time.
Good luck with your investment
Great point. And we don’t know. I was just drinking on my lunch break and thought of that scenario :)
What will be telling: IF a deal hits the wire: is it smaller regionalized bio techs or specialty pharma and not big pharma. Time will tell....it always does
Because there are big pharma worth billions and billions who want to fill pipelines for extra cheap. The hire off shore hedges who hire the trolls and the take years to set a specific vibe and coordinate the attack all while working the front end of a deal under cda and bring the deal to the furthest point possible and back out. This makes the tiny bio need to scramble for additional financing and putting some developments on hold while the company moves on to the next cda.
It’s a very detailed and thought out plan. All while minions post negative crap and how many days late data is every day.....bringing more pressure.
That same BP is in the pocket of major CROs and pays for delays....
All and all if done right to a single indication and poorly run bio. They go under. Happens all the time. IMO. Lol
Not with ipix tho. We shall survive and flourish. We shit bigger than BP
I am hoping this silence is because they are working the massive full mega B franchise deal. Or the multiple partner OM deal. Really hoping for the franchise though. That could prop us into the teens and twenties over night if it’s the mega franchise deal. IMO.
You have to admit this is strange. The silence. Please admit
Ipix is an otc company. Which rely on share price for better financing terms for shareholders. To not communicate for months - even an email to investors about Trump or other things Leo has done in the past is strange that he has not let out a peep.
There are tons of things he could PR in regards to OM, B manufacturing, P delays, etc.... but they choose to be silent.
Based on that I feel Leo and DR B have the upper hand and screening all eligible partners. Just think how much time it can take to work SEVERAL possible partners for a future billion dollar indication. Think if some of these possible partners are regionalized and need to work details through other CDAs including IPIX. I say several based on a percentage of the 20 cdas. Maybe there are a dozen?
Now imagine if the above relate to what is really going on right now. Time is needed. Ipix is extremely busy. There is nothing negative going on. Just serious and real multi million negatiations
Chilling a case my friend. We will all find out soon what has transpired over the last years via sec docs. I posted a while back when a company finally accepted a deal and they provided all details of dinners - meetings - etc with all parties involved. Naming them company A company B company C etc....and revealing the final partner by name.
Hopefully we get to see the past 3 years of meetings and with us it may go to company K or T etc...
It’s amazing what kind of feeling this board has portrayed. I am super bull and I feel it...which is hard to penetrate this skull. The feeling of hopeless, and omg all the drugs are just shelves and omg Leo is on a yacht laughing ——lol. It’s amazing the 2-3 years of conditioning and multi aliases .... when if you deep down look at numbers. 38 million shares for an otcbb stock to dilute and use that to successfully complete 5 human trials under multiple indications and keep the employees and business moving forward is really pocket change for most. Most otc will fail trials and go bankrupt. Ipix has successfully completed all trials. Yet those 38 is brought the stock to .37 from 4.40
I would catch that bunny for you and gut it. Ipix is wheeling and dealing.....all who kept faith and supported the company will reap the benefits. I have 100% faith they will close the dealssssss!!!! This thing changes over night when it happens
.37105 hit. Zip codes - love this.
Agreed. We will see an update this week. IMO hopefully 1 hour after open one day to screw people like today who intentionally dump shares to trigger panic
Thanks TD. I know who dumped those. Dirty little devil ;)
Let’s finish the month strong. DrB let us have it SIR