Controlling interest in IPIX has ALWAYS been KNOW to be owned by Leo and Dr M by all and anyone doing even the LEAST amount of DD. Leo and Dr M KNOW that IPIX is worth TREMENDOUSLY more than the PPS is showing currently. SO DO THE BPs. That said no low ball offer will be made or accepted , PERIOD. Currently Leo is looking for a PARTNER not a BUYOUT This company still has a lot of PHASE trials to conduct to prove its true value SO NO BUYOUT currently - WHY should Leo grossly SHORT CHANGE HIMSELF and us other ACUTUAL SHAREHOLDERS ??????
Because Leo and co won't sell for chump change. They know the potential value of their franchise drugs and want a lot more than BP is willing to shell out until BP is as convinced as Leo. That's reality.