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frrol

05/12/18 7:53 AM

#227961 RE: sox040713 #227952

When I read Leo's "cementing" comment last week, my radar went up. I'm very wary of confirmation bias, but that sounded to me like the closest way to say "signing a deal" without crossing that material disclosure line. And with this 10Q, I now believe more firmly this is what he means. I think we've got a BP deal all but signed. There may be some i's to be dotted, or FDA feedback to wait for, but we're almost there. I've been suspecting this for some months now. It's what they've been pushing for, and (almost) all the Brilacidin pieces have finally been put in place.

I have 5k shares left in my latest buying program, and will get them next week. That makes 660K shares. With the relentless share price fall, IPIX is no longer my biggest holding. Aside from the low risk/reward, that's how I justify my recent LOL.

BTW if the "deal" is just with a skin cream formulator, I'll be disappointed. But I don't believe so. The 10K said "out-license".