Monday, December 13, 2021 10:45:44 PM
$30M would be trivial. Subtract $5M cash and $6M in B-UP development milestones and you get our market cap.
No. It's a question of where the real offers would be. $100M? $200M? $300M?
Remember, the pipeline is of very little value to us because we have no money to advance it before patent expiration significantly diminishes the value. BP on the other hand could immediately advance it on all fronts and actually take advantage of fast track and BTD.
The key is finding that sweet spot where Leo's ego is willing to sell. Now that we have suffered the COVID failure and the resultant market cap decimation, a steal for BP, say $200M, is much more palatable as a 10x buyout.
I'm reasonably certain all the talk of buying new assets and running phase 3 OM is just Leo the Lion raising the hair on his back to look tough after being gored by the COVID wildebeest. The hyenas are moving in on him.
Go IPIX!
President and Chairman of the IPIX Bagholder's Club.
Don't listen to me...I've been buying IPIX since 2015.
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM