Replies to post #402436 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Good question, because I think the disappearing act may turn your trigger event into a gray area...and that may have been one of the reasons for it. The details of a filing would confirm that a trigger event had occurred.

Here's the impact of a trigger event:
" 5.3 Termination by Penn.
Penn may terminate this Agreement on written notice to Licensee if any of the following events of default (“Default”) occur:"
"5.3.2 Licensee experiences a Trigger Event;"

[olden_grumpini]

I don't think a "Trigger Event" has happened. IMO it's possible that the Patent License Agreement will expire before a "Trigger Event" happens.