Innovation Pharmaceuticals Inc (IPIX)

[rule_rationale]

One can make the assumption that the 'big boys' are not interested because we have heard nothing and the share price has not increased.

I think another possibility is that part of Leo's job is to decline the interest. Because, what 'big boy' won't begin with a low-ball test? And I cannot see the professionalism in making the initial interest known to the public, beyond the fact that non-disclosure agreements were signed well in advance of any communication regarding details. Leo also is fully aware of what value Cellceutix holds. So perhaps, while discussion are ongoing, Leo keeps it close to the vest and the bigboys with the interest don't want to drive up the stock price and give Leo all the leverage and aspiration to go shopping for better offers. Seems reasonable to me, but let me know what I have wrong.

All the strategy in this type of deal making is something I know nothing about, but I sure bet Leo knows something about it!