Innovation Pharmaceuticals Inc (IPIX)

[frrol]

A good BP deal would indicate some BP poured over our results and said, yeah, this is a risk with taking. The potential indications for a successful B are big.

The market doesn't think it's likely. They didn't think P was viable, and were right, and they don't think B is. (K is still early stages.)

A BP deal could take our nano MC above $100MM = $.50 share price. Given our current sp, only a small minority out there looking at us think we have a chance. I hope they're wrong. We came up short on P, didn't get BTD for OM, likely lost a term sheet. Biotech is tough. But that's the risks.

Keep an eye out for some material news soon. Hoping it's a deal.