Innovation Pharmaceuticals Inc (IPIX)

[frrol]

"From time to time, the Company may be party to various indications of interest and term sheets". It happens. It may have happened here. It's a part of biotech. Non-binding term sheets are non-binding for a reason. The lack of recent mention has nothing to do with 10Qs not being audited. The first reporting of us being in negotiations was in a 10Q.

The term sheet could still be in place; it appears that it isn't but that we have other prospects (multi) the company is working on. Let's hope one pans out, very important.