Innovation Pharmaceuticals Inc (IPIX)

[L vus]

Loanranger, you are fair as you stated so eloquently, "How much a suitor might spend on an acquisition has nothing to do with how much the candidate raised, especially if it only has a teeny weeny bit of it left. Other metrics having to do with estimated future income and resultant cash flows are the primary drivers of the price." I challenge anyone to dispute this and I'm shocked that smoke and mirrors are being posted by some that I looked up to.