Intellipharmaceutics International Inc. (IPCI)

[fabius]

For what I know, institutions have threshold in terms of market cap.

IPCI is an ultra small cap, almost impossible to be in the radar of an institution.

Another important factor that funds manager consider is liquidity (daily turnover); if you have a stock that requires days to build up even a small positions and more importantly that requires days to get out it won't be put in the investable universe.

As simple as that