Intellipharmaceutics International Inc. (IPCI)

[fabius]

Tek, you didn't reply on my last post about valuations...

I share some of your considerations, but I am more aggressive on the share price effect coming from an upfront payment.

You said maybe we get over 3; an upfront payment will come with a more comprehensive Agreement, therefore giving a more precise idea of future cash income.
Anyway, a 50mln upfront would mean almost 2$ per share of cash...therefore I think that predicting a price around 3$ it is very conservative.

An important point is HOW we arrive at that point (Agreement announcement); if we are at 1$ or less, than I agree with your 3$ or little above. Another story if we arrive there and we are above 2$.

Also consider that short squeeze coming once it becomes clear the company's future is changing

I'm not saying we fly.