Replies to post #282023 on Innovation Pharmaceuticals Inc (IPIX)

[djs7]

There is no first right of refusal for BOM if that's the drug you meant. I guess your talking B-UC.

[steelyeye]

This post (quoted below) should be stickied. It puts the lie to IPIX being "desperate." Remember when lies were told about IPIX not having money to survive a year ago? LOL

Look at IPIX successes since then. Our next deal, whether OM or UC puts IPIX squarely in the sites of big money.

Curious if anyone sees the possibility of a hostile takeover attempt?

Any "potential partner" will also understand that, even if their low ball offer is accepted, Alfasigma has the right-of-first-refusal.

This right-of-first-refusal (B-UC/CD) creates a dilemma for potential partners in that they might have to craft an offer which gives IPIX more than they'd like in order to motivate Alfasigma to refuse the offer.

Leo's first deal (B-UPS) didn't have this right-of-first-refusal feature floating in the background or Locust Walk doing the negotiating.

Message in reply to:
Lemon this is another straw against Leo in negotiating a deal. Potential partner will see how desperate he is and low ball their offer just like the first deal that he gave away at garage SALE PRICES.IMO