Intellipharmaceutics International Inc. (IPCI)

[hondobud]

This shelf prospectus is intended to give Intellipharmaceutics the flexibility to take advantage of financing opportunities when, and if, market conditions are favorable to the Company.

So what I assume will happen is after shelf prospectus approval there will be some dilution by the company into a PPS run after an ANDA(s) is approved?

I think 100 million is a lot of shares now but not so many @ $10. $15 or $20 a share, I hope they think their strategy out well.