Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

Have any of my longs here witnessed deals such as;
Minimal upfront
Commitment to pay for all future trials
Heavy milestones
A commitment to purchase shares on open market

I think a commitment to say 10 million in open market shares would do so much here rather than take more upfront?

I feel we may have several deals in the pipeline and could be very creative in putting the share price where it should be.

IE imagine:

10 mil upfront
10 mil in open stock purchase
Paid for trial expense to market
250mil in milestones
30-40% royalties
IPIX takes care of drug manufacturing costs and provides drug


Those numbers have no justification, just an example.


Just curious about open market purchase agreements. Not from our shelf.