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Re: None

Thursday, 12/06/2018 2:28:03 PM

Thursday, December 06, 2018 2:28:03 PM

Post# of 38634
Everyone needs to keep in mind that any valuation on IPCI needs to be done at 24M shares outstanding. There are a boat load of pre-funded warrants that are paid for they will eventually take the float to 24M. That being said, IPCI is trading at around cash value or $0.30 times 24M shares = $7.2M. I am guessing they have about this much cash in the piggy bank right now. But who knows, it might have all been transferred to Odidi's mattress already...