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Thursday, January 11, 2018 7:30:52 AM
Leo has paved the way for this to happen. He has been hitting the mark and making steady progress. The time is nearing and we are going to see what this puppy is really worth!
Thanks you for your post.
Go Leo & IPIX!
I owned Trius and Durata they got bought out and each had contingent value rights associated with the deal. Durata for example got bought out around $25, and had in addition $20 in future CVS, $4 per CV. Each CV was for future milestones like approvals, and the last one was for a total amount of revenue generated after 3 years. They can be for about any risk the acquirer wants to mitigate, even trial phase II & III starts. So I could definitely see IPIX having a deal with associated CVs. Durata had a lot of naysayers and shooters boasting about how it was going down big. Then the BO announced, it was comical. Shorts were shell shocked for many days on the message boards. At first in denial, it was very entertaining.
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