Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

I know you said rhetorical so apologies in advance for responding.

I didn't say IPIX would accept such a deal if they felt there was a path to a higher valuation. Some might find that outrageous while others feel it is the right thing to do.

The present $20 million market cap is the result of many factors including a very poor balance sheet, lack of trial and milestone success in most of 2018, and a good helping of market manipulation/price suppression.

Again, we're probably not receiving the same offers that we would if we had $20 million in the coffers and a $2 stock price, but I think the market value is still way above $115 million in a full take out.