Good writ-up. I’ve been around long enough to know there really is nothing bad in that K. This will pass and I would not be surprised if we get some really good news soon and everyone who sold will be crying.
I'm aware of the 10K being a report on fiscal year ending 6/30/2018. What is frustrating to me was the confusion caused by covering events that took place in the current fiscal year.
e.g. Stating we may never know the results of the P2b trail during the month of June is a whole lot different than stating it in Sept.
A formal document should be clear, concise, and not meander outside the stated window of time.
I haven't sold my IPIX shares because I think it more wise to hold. However, I will regard future communications with a much more jaundiced eye.
petemantx But how is Leo gonna pay the bills without the Aspire deal?? Does he have another source of funding? Lets face it, he is gonna have to renegotiate the deal and get some up front money from Aspire based on him convincing them positive things are right around the corner..
Thanks, petemantx for the interesting and informative post. I share your point of view about the term sheet being a big deal. Leo won't let this slip away. I believe that we'll look back of the current share price and have a good laugh at the scoffers. I've been delighted to be a buyer today and await the PR announcing the signed deal. My bet is on Celegene.
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