Innovation Pharmaceuticals Inc (IPIX)

[Here Today]

It is hilarious to see the remarks about how the company’s CEO is this or that. What this means to me as a long especially given on a Thursday and not a Friday after hours and coming on the heels of having the TopLine Phase II Clinical Trials results being released is the following:


The company is expecting stellar results. There may already be a contingent offer on the table for either partnering or full company buyout. If full buyout is on the table, then the purchasing company would want and need to know what the full outlay will be since all the shares would need to be acknowledged prior to final purchase price/payment was announced.

Just my reading of the “Setting the Table” prior to a huge announcement is my opinion. Hopefully for all the Longs on this board, we see it come to fruition.