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Replies to post #96398 on Innovation Pharmaceuticals Inc (IPIX)

Replies to #96398 on Innovation Pharmaceuticals Inc (IPIX)
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frrol

03/31/15 7:59 PM

#96418 RE: Rdunn88 #96398

Nothing has zero risk; Aspire has committed to buying equity in a biotech company on very loose terms (good for Cellceutix). And what this means is that Cellceutix now has a $30MM line of credit (more precisely: line of equity).