Innovation Pharmaceuticals Inc (IPIX)

[wsbc]

I don't have the answers... I wish I did. The CDA engaged in by both IPIX and any interested parties would likely preclude their ability to discuss timeframes concerning when DD would have begun etc.

This is one of the issues I have regarding the rampant speculation around here, and given the ultra-confusing PR coming out of IPIX, I find it hard to understand how folks seem to be able to extrapolate much from the limited data provided on their end.

Much is negotiable if both parties agree when it comes to writing contracts, so we literally have no idea what's on the table (aside from what was stated in the recent announcement), timelines etc. I'm guessing that a BP would; having seen IPIX's 10-K etc, have an understanding of the timeliness of a deal and what that would likely mean for IPIX's existential concerns.

The other notion that 'the company isn't worth anything if the SP is in the toilet' is a little confusing.

The BP would be interested in their patent-developments and trial-progress.
They're not purchasing IPIX's ability to run an accounting firm or business consultancy... They're after drugs for their own inventory to either augment existing products, remove a competitive situation (CELG/Otezla), or expanding the scope of their current portfolios.

Based on where things stand currently, small-trial-sizes excepted, we have progress that's likely of interest on some level to some global players (https://clinicaltrials.gov/ct2/results?term=cellceutix&Search=Search)

Patents are worth $. Management may or may not be asked to stick around in the event of a buyout/M&A situation... we have no idea. The drugs are the value. SP doesn't reflect current value.

When did the due diligence begin? Do you think there isn't an agreed upon window of time that can be extended only if both parties agree?