Innovation Pharmaceuticals Inc (IPIX)

[CallMeCrazy]

The point is a "big stack of authorized shares" offers no "assurance" that IPIX doesn't have access to funding. Negotiating adversaries are probably sophisticated enough to know that this share increase, if approved, gives Leo another option that later could potentially play into a deal to which they may or may not be a party to. Shares can be used in many ways, such as a condition in a deal.


I like Leo's 'keep'em guessin' bargaining style and the only unfortunate side effect is that shareholders are also left somewhat in the dark, but let's face it, Leo would have to be pretty stupid to divulge his innermost strategic bargaining plans on a message board or to anyone not sworn to secrecy, so to speak. I think Leo is anything but stupid and is doing a masterful job as he levels the playing field. VOTE YES!

Message in reply to:
"No matter whether Leo previously threatened to go it alone or not, negotiating adversaries will know that Leo has "go-it-alone" as a credible option."

Negotiating adversaries (aka potential partners) are so unsophisticated that they would believe that a big stack of authorized shares is an assurance that a Company has access to funding?