If Leo stupidly tries to publicly throw the cro under the bus, he faces a likely lawsuit. Remember, ipix stated this was one of the best cro’s. Tge chances that the mistake was made by the cro and not ipix are close to zero.
Leo won’t say a word. He never reports bad news in a pr.
“If a CRO issue, then communication by Leo should be made. If Ipix then something should be explained in someway...”
And what is the greatest source of 'the smoke'. Who's is doing the most fanning of the flames?
What helped to put the mention of the August 2018 date in the 10K into perspective was having it pointed out to me that the August 2018 date was mentioned under "Management Plan of Operation" pp 43.
Some months ago I posted about the business I work for having been acquired. I realize that even though it was a vertical integration it's still not a full apples to apples comparison. After the terms were roughed in the deep dive began. I equated this to a job offer letter stating the offer was conditional on an acceptable background check.
This was followed by a formal letter of intent. After a valuation fairness study was completed and the attorneys got their slice the deal was finalized.
The acquisition was publicly announced at the letter of intent stage and was finalize apx 4 mos later.
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