Your thinking shows you haven't been around long. CEO, who has total control of a buyout, won't be selling at that time unless someone coughs up many, many billions and it seems too early for that to happen yet.
Maybe in the next 2 years, but Brilacidin has a long way to go to show its full power and revenue-producing potential. Why sell now when it will only get much more valuable in the future?
CEO is not a trader or interested in getting richer (as he knows he already is mega rich with IPIX today) so don't expect a quick sale.
As I posted a while back, you don't sell a gold mine after you find the first big nugget. You have to analyze the whole field before determining when to sell and for how much.