Replies to post #241627 on Innovation Pharmaceuticals Inc (IPIX)

[frrol]

I think that is a possibility, but there was no mention of that in the 10-K where the potential deal was discussed and so it is unlikely. And if a B deal is announced, we don't need such an arrangement. In economics this is called a time-inconsistency situation. This is not problem or dilemma, it is just a set of circumstances that make a particular outcome unlikely.

So we are in a practical dilemma. We badly need a deal because we are strapped for cash, but a BP will be hesitant to do a deal with a company strapped for cash. And the BP would not be the one to "give" cash, unless it was an investment, which was not mentioned in the 10-K. That's why I'm saying I'm hoping for another Aspire agreement or that the B deal comes pretty soon.