Intellipharmaceutics International Inc. (IPCI)

[AngeloFoca]

No expense to IPCI eh ? Pure profit ? Given IPCI is expected to be the manufacturer ...... there is a COST to manufacture. People, equipment, rent, etc ....... 'tis not pure profit to the bottomline. And of course there will be taxes on any profits depending on loss carryforwards.

COST + ... So whatever that manufacturing cost is... it's reimbursed 100%... in fact IPCI will even make an extra 20% profit (that's the +) on that... I didn't bother to mention it because it's the potatoes and not the real meat... which is the "probably 50% royalties" PURE PROFIT.

Oh yea... taxes... Oh geezzz... didn't consider taxes - heck I hope we don't make too much of a profit... cause after all... we'll have to pay taxes.