Intellipharmaceutics International Inc. (IPCI)

[cysonic]

Odidi Holding seeked to sell 100.000 shares per 30/11/2016. If they sold already (what seems likely), that might have contributed to the weakness in the stock in the last two days.

The disposal represents 1,6% of the total, the Odidi Holding holds.

The transaction will surely be used by bears to explain that there might be no news anytime soon. But it might also be a transaction to enable a new investor to buy a block at lower levels over an official exchange. Who knows.

Personally I will buy again today as I think we will have further news next week and the company has far more value than the current 80 million market cap...

"abuse-deterrent" will be an absolute hot topic in a few months and I expect that by then a lot of speculative value will be priced in, as the FDA decision concerning Rexista will come closer.

cysonic