Intellipharmaceutics International Inc. (IPCI)

[Thedrugguru]

Everyone is entitled to their own opinion.

I totally agree with you on that point. That is what makes markets. But I totally disagree with your premise. Too many things don't seem right with this company. CEO said last July that Rexista info would be available by end of year or first of 2014. Here we are in July and no news. Instead, apparently he is working on this anti suicide patent. I would like you to explain how you think the company makes money for that. Further, they have been unable to announce any new partnerships despite getting their first approval. You view this as a positive and I view it as a big negative. You are also wrong about the revenue. IPCI reports on an accrual basis, not a cash basis. Timing of payments has nothing to do with income. Go back and look at the previous quarter. They reported the rev before it was paid. I know you think this is going to a$100. I think the lifetime high of this company has been put in and that $4.50 may be as good as it ever gets from here. I do hope you and others like you keep buying this.