Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

I don't think either Aspire or this MFO are longterm positives. I am 100% Bull on IPIX and have the share count to back that, but I don't think there is anything more to this than they got a discount off shares converting the Series B. I think they would sell shares for a 5% gain all day and I hope there are not shorting going on because I have been a apart of many Securities Purchase Agreements and the lenders want to make money and not be stuck holding the bag. They look for a 5% gain all day and quick. IMO

The key to everything here is Leo and Art to gain a partner with the resources to help push our pipeline forward. Why they have not done so yet? That is the million dollar question. My own thoughts are that we were close to 2 other deals which took months up months equaling years to get to the part where they were at and a deal fell through for whatever reason....better offer....better partner....IPIX asking too much.....waiting for data from other indications.......idk and no one but Leo and Art know.

Let's hope this Term Sheet player is the one and we solidify the sheet into a binding agreement! That is the hope here. If that happens, realistically all of our worries and fear and risk become chopped into bite size at that point. We have the drugs! They have proved out time and time again. We just need the muscle to push forward.

I'd hope and pray that BTD is the last marker and the deal is in place and waiting on that piece as it will bolster the deal for IPIX.

Love your posts TRYZ