Innovation Pharmaceuticals Inc (IPIX)

[Rdunn88]

The main reason for another Aspire deal was because Leo failed to secure other options to fund IPIX through 2018... The last Aspire deal financed the operation through this quarter... There were tons of IHUB posts believing another Aspire deal was never needed... Leo had plenty of capital until a partner signed on??? Even if a partner signs may not eliminate the need to dilute shares... There's no guarantee any up-front payment "if any" will support the other trials/expenses going forward. Leo needs 75 to 100 million to pay for P/K going forward and that's if partner pays B's total expenses...