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scottsmith

07/09/18 1:41 PM

#233947 RE: To infinity and beyond! #233944

You really can't understand the import of this latest aspire agreement unless you realize that ASPIRE dictated the terms. Basically, Mr. Martin was tired of dealing with Leo's BS and his song and dance and said, "put up or shut up."

Aspire surveyed the landscape and decided that these three milestone were the only possible events that, if met, would actually make them money. Except even then Aspire wasn't sure. After all, P 2a and B OM endpoints were met but the share price tanked. So what does Aspire do? They say that even if the milestones are met, the share price must be at least 50 cents 2 days after.

Could this be a lifeline to allow a deal? I won't say it's impossible. All I say is that Aspire demanded these terms to protect themselves and not get into another situation where IPIX gets to put shares to them in a constantly declining share price.
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Chronic

07/09/18 2:06 PM

#233951 RE: To infinity and beyond! #233944

TIAB,if they had a deal mostly wrapped up which is paying them over $10m upfront why in the world would they sell 16 million shares for only 25 cents each?