Innovation Pharmaceuticals Inc (IPIX)

[rmzport]

Plenty....this was perfectly written,
"How these things usually go is that the potential buyer goes thru all existing info forward, backward and sideways including politely and repeatedly interrogating any expert involved. Then if BP is satisfied comes term sheet proposal and negotiations over it. When both sides reach an agreement over 'the big stuff' comes the signing of the term sheet.

I don't get the order of activities in 10K. What due diligence BP is still conducting? "

In my experience after a term sheet is signed "DD" is a catchall phrase used in some degree to
burn some time and make the "little guy" sweat. A most effective means to squeeze a few extra percent/advantage out of the deal. Just one potential answer to your question.