Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Of course it has happened before.

"Would you be able to look up how much those options were worth the last time you mentioned them? My guess is, it was close to triple what they are worth today."
I could, but I'd rather not. Let's just assume that you're right. How does that comment and question dovetail with this:
"Isn't a large part of their present value due to the efforts of the CEO in progressing the company's pipeline?"

Why would you point out that the options are only worth a third of the value that they had the last time I mentioned them "due to the efforts of the CEO in progressing the company's pipeline"?

You raise other interesting points re: his ongoing confidence, his investing skills and the fact that his compensation and interest payments, which approach three quarters of a million annually, might be enough to cover his living expenses without any conversions.


Let's be serious for a minute:
He took a big risk (to a degree a function of how easy the loan money was to come by and his own cash position). He now has a huge return if he wants to avail himself of it.

I neither would have (nor could have) done it myself, if you think that's relevant somehow.


Every time someone pops up and says something like "He has loaned the company what 2 million?" I feel the need to point out to THAT person the attending benefits to him. It's an urge that I can't control :o)