Replies to post #238802 on Innovation Pharmaceuticals Inc (IPIX)

[AlanC]

Congratulations Leo and IPIX! You have created a great deal of angst among those who fear the results you are about to deliver! Go IPIX!!!

[loanranger]

"for those who think that the purchase agreement is just a smokescreen then why give oneself only 3 months of time before armageddon?"

I'll answer without acknowledging any association with the described population:
Your question assumes that the time constraint was happily agreed to by IPIX and not imposed on it. I believe that Aspire presented that term of the agreement without offering an option.
If that's true, why do you suppose they would do that?
In asking your question are you indicating that you believe that IPIX was certain that they could meet the milestones in the 3 months they gave themselves? Smokescreen or not, why would they choose to impose that limitation otherwise?
The conversation needs to be given a context....and that context was an existing $30M agreement with more than $20M left on it that Aspire was obligated to comply with.