Do you realize that Ronin owns 8.8% of PPHM? Why would he give away the ip for a whole lot less than it is worth? Why would this be good for him? How would this work? Would the bp you are alluding to sneak hundreds of millions of dollars to Ronin for this transaction? Has Ronin a history of doing things like this? Why did this bp choose Ronin of all people to be the front man to buy 8.8% of the company and then give the ip away? So many other questions.
What is the current BOD's incentive to do a deal? Losing a half million a year in "compensation"?
Based on their backgrounds, who appears more trustworthy, the current BOD or Ronin?
There are 100's of little biotech startups like PPHM. ALL have something interesting that may or may not prove to have value. To date, BAVI has proven to have no value. BP/BB do NOT want or need the PS platform, they've got dozens of other candidates far more worthy of their consideration at this point in time.
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