Innovation Pharmaceuticals Inc (IPIX)

[Lemoncat]

Well, we doubled the outstanding share count the past few years to raise $20M-25M for COVID trials and other stuff?

If Leo sold half the company (all of B and K) for $25M, why would someone else offer $100M upfront for the remaining half? Additionally, our stock price, market cap, and pipeline are all lower/weaker than they were in mid 2020.

We can keep our fingers crossed...but based on the terms of the two deals we have signed and the fund raising choices the past few years, I'm not seeing much reason to believe we will be entertaining deals with $100M upfront payments any time soon.