Innovation Pharmaceuticals Inc (IPIX)

[wsbc]

Yeah... worth consideration for sure.
I can’t imagine them having over $1M worth of travel in such a short amount of time, unless the prospective BP is abroad?

I didn’t pick the sheet apart for that level of detail yet, but not that we should have to I wouldn’t think.

I’m not quite understanding the seeming total lack of transparency here, aside from possible CDA concerns... but if all but one have evaporated, a little enlightenment would sure go a long way given the SP over the last year?

I wonder where the funds came from to pay attorneys to review docs on deal being negotiated?

Were negotiations all via phone conference, or did they entail travel? I have to wonder what expenses are involved that come along with this type of negotiation, especially when multiple companies may be involved to get down to one?

I'd be curious to know how much that was/is expected to be. That might be a reason for holding off on paying CRO. Just a thought.