Thanks for posting - better than guys blaming others for their failures. I agree with this - this deal makes partnerships or more likely a buyout near term almost certain. Its obvious what is going on here.
I do think a deal is coming - there is no reason to cut this percentage now if you are not doing a deal also the change of control twenty day weighted avg makes a big pop very good for XON and Kirk on conversion. And the 1% per month is meant to give Big Pharma some urgency to get the deal done. My take is ZIOP has a buyout offer by the end of July. Good luck to the longs - there really has been nothing but good fundamental news and positive data and publications - ZIOP is stuck in the XON short attack and lies and the sector meltdown. Other small caps are down 85% or so - ZIOP is still up from the beginning of 2015 - not many other bios are. Adding