Innovation Pharmaceuticals Inc (IPIX)

[wsbc]

I'm not so sure the concern here is whether or not things work, as much as the timeline related to making business decisions and keeping the lights-on.

Being a public company, there are a lot of unanswered questions and stability related issues that need to be addressed before we're insolvent.

Based on the recent balance sheet (10-k) filed, there's a very real concern related to how they're going to keep moving things forward.

The amount of time for DD to be done by a BP if they're 'interested' would be longer than IPIX can survive at their current burn-rate w/o sourcing financing.

20 PHARMAS and one signs term sheet.
One has interest enough to move on B.

The others see the definite interest and so could move in also.

B works and many know that.