Replies to post #240334 on Innovation Pharmaceuticals Inc (IPIX)

[Phoenix300]

Wow.

[makarr]

I couldn't agree any more. Invested since July 2014, was attracted by the science, in fact was one of my first ever investments. I sentimentally hung on despite all the obvious red flags you mention. The idea that Celgene would ever enter into a collaboration with such a buffoonish company is insulting to Celgene. Do you really have confidence in Leo and this management making a pitch to anyone, let alone Celgene? At this point, there's no point to me even selling my shares, in my eyes it's equivalent to a lottery ticket. I guess all we can do is wait and pray.

[williamssc]

I always figured even Leo can't mess up a B deal but now I'm not so sure. Yes it seems we have been led down the road by some inept leadership. Still hopeful for a deal.

[djs7]

There could be an exclusivity clause.

Exclusivity provides the parties with assurances that their anticipated deal won’t be scooped up or pre-empted by a competing offer by another party during the exclusivity period, and confidentiality provisions protect material, confidential information.