Innovation Pharmaceuticals Inc (IPIX): I think a partnership deal is more likel...

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Re: frrol post# 89327

Tuesday, 01/27/2015 12:57:11 AM

Tuesday, January 27, 2015 12:57:11 AM

I think a partnership deal is more likely once Phase 3 is underway. Leo said that he will not dilute heavily just to uplist. Raising $55M at the current SP from the shelf qualifies as heavy dilution IMO.

Management must be either expecting a partnership deal w/ upfront $ soon, or planning to issue shares from the Shelf.

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