Tuesday, March 15, 2016 3:19:58 PM
What doesn't make sense to me is how they now expect to accumulate 4 million shares without driving the price to $6.00 to $8.00 in doing so.
The only hope they would have is if they can get the shares directly from IPCI, and I believe that WILL NEVER HAPPEN - I believe the Odidis would lend the company money if necessary for as long as it takes to sign a partnership.
I think the Odidis would have agreed to an issue of maybe 1 million shares for $3.50 - but nothing anywhere near $2.00 nor 4 million shares - and now I believe they would not issue shares to them at any price - the knife cuts both ways.
although all the above is assuming that there actually was an offer for 4 million shares at $2.00 - I'm not sure, but activity sure seems to have followed that logic.
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