Intellipharmaceutics International Inc. (IPCI)

[AngeloFoca]

BULL

a TOTAL FARCE by some idiot who is not even clever enough to think it through - and proof of that is simply this.

$503,000,000 divided by $9.50 = 52,947,000 shares... they don't have 53 million shares!!!!!!

Fully diluted I believe is only ~ 33 million shares... so IF there was an offer of $9.50 a share then it would be $313.5 million, and if the offer was $503 million then it would be for $15.25

I don't believe IPCI is going to be bought out any time soon.

IPCI is on the CUSP of becoming a powerhouse... in my opinion it's right now worth $6.00 a share but has the potential to be worth considerably more going forward.

The only deal right now would be for say $500 million now AND milestone payments of say $200 million for .... NEVER MIND... IT WOULD JUST BE TOO COMPLEX TO EVALUATE FAIRLY FOR BOTH PARTIES RIGHT NOW.

The Odidi's will decide when to sell and I don't think it will be under $2.5 billion - I'm not saying it is worth that now - but it will be worth that within a few years when the pipeline is more matured... and they will maintain ownership and continue progress until that offer is made!!!