Replies to post #256550 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Just making a statistical reference....
"$300 million is about 10 times the current market valuation."
....in response to:
"Give us three and we’ll shout with glee!"


I suppose I could have left this unsaid...
"I guess it should."
...but for the purpose of understanding my perspective NONE of my holdings could reasonably be expected to provide a tenfold increase in my lifetime.


But that's obviously a function of the high risk, high return strategy that I have foregone in favor of trying to get a medium return at a low risk in investments in Companies whose CEO's first names I don't even know.

"300 million is a slap in the face for a buyout. Leo would never accept that. IMO."
You're obviously entitled to your opinion and I hope you can do better.

[petemantx]

I believe OM takes off much quicker than what you stated as there is really no competition when addressing efficacy, ease of administering, and lack of side effects.

My thought is: What doctor wouldn't prescribe OM for their patients?

IMO they leave themselves open to lawsuits if they don't prescribe and patient gets a severe case of OM and doubly so if they die.

Of course, many looney tunes on the board are probably going to say that doctors won't prescribe OM because of IPIX's low market value or Leo's history. Laughable but some poor slob or two will buy this line of thinking.

Current market value has no connection to future share price if B or K works anywhere close to the levels many are expecting. If I own a quagmire of swamp land that has no redeemable current land value (no gas, oil, minerals, farming, etc) and suddenly they find that it is actually covered with lithium deposits, would the current market value determine what the land is worth now with the lithium assets known? Same thing with our drugs. First deal provides validation, then it is off to the races.

[keltoi]

THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Kelt

[JTORENCE]

"300 million is a slap in the face for a buyout. Leo would never accept that."

So tell us, how is he gonna finance these trials without $$$ ???

[JUST 10-11-12]

I agree, at least one billion. They are getting three potential winners. One for sure.