Innovation Pharmaceuticals Inc (IPIX)

[BonelessCat]

Anyone who has held a business lease knows that there is first a clause that refers to reverting to month to month at the expiration of the lease. Then there is a clause that covers timely notice to vacate premises. And, there is often a clause discussing terms and timing for lease renewal. I’m certain that Leo has discussed with the property manager/owner all options for vacating, extending or renewing the lease depending on the outcome of the next 6 weeks.