MrW. The only thing that I see as concerning is the fact that IPIX APPEARS to be taking a gamble and putting all chips in the pot to close the deal with B-OM and IBD. That is concerning, however we only see what is going on through a very small window. We don't know the relationship between this BP and IPIX...it could be a very good contact/friend to Dr. B and a BP that has been following IPIX for years... So to IPIX this is not a risk at all, it is a done deal in IPIX mind and they are legitimately just waiting for the End of Phase 2 meeting to be completed to sign. So to us shareholders and public it seems concerning as we read this terrible 10-K which advised we are going to miss all Milestones and don't have enough money to pay for P results, etc......but when in fact there really is no concern and actually for investors this all ends up in our favor as we don't give Aspire an extra 10-15 million more shares for milestones because we don't need that cash at the end of the day.
So lets say the gamble does not pay off and it is a concern. There are many more ways this company moves forward. This is not even close to doomsday like everyone says. New finance agreement, take a less deal from a competing BP, give equity stake to a BP, Reverse Split, etc...etc..... There is no bankruptcy chance at all. I believe if everything crashed around us IPIX could still sell this entire company for over a billion dollars at this point. That is just under $5 a share.
Enough out of me....I will support this stock tomorrow and buy another 15K shares. If it is down in the .25 area. I am making good money in other stocks that will probably cool off soon so I'll support IPIX.
COME ON LEO ---- Close that mega B deal! :)
