Innovation Pharmaceuticals Inc (IPIX)

[frrol]

By now the company should have all the B data BP need to put terms to a deal, if they're interested. I believe our management when they say they have been in talks, so if a deal is forthcoming it should happen within the next couple months. If we get nothing, we will resume drawing on the EL again and move forward with advanced trials on our own. There is nothing guaranteed. I believe that B is attractive to BP partners at the right terms and that our mgmt is motivated to make a deal. So investors will just wait and see. The general market is skeptical. K and P are big question marks too for the moment.