Replies to post #243090 on Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

I would think we have to wait for FDA meeting and BTD, but it would be rad if they drop a bomb on Monday - nothing would have changed but share hands....and we skip dilution ;)

[frrol]

B BTD and deal timing are unknown, and nothing magical about Sep 30. That was an estimate by the company from end of June, and some things have taken longer than expected, and none of them are guaranteed to come to fruition. Be prepared for more weeks of waiting; hang in there with fingers crossed. The company certainly seems confident, which is good to see. There are obviously folks out there who are not as confident. The P trial was quite a fiasco, you have to expect selling. Question is if more big buyers will show up in the interim. Also unknowable.