Intellipharmaceutics International Inc. (IPCI)

[fabius]

Good points Samsa.

On the Odidi's Convertible: I would have preferred to see it 3x on july rather than the new shares issue + warrants; I consider difficult for a company like IPCI to get bank loan (I would say impossible; no assets as collateral). So that 12% looks bad and would like to have it reimbursed...Yesterday. LOL
...but, I'm expecting a double digit interest on any loan given by those specialty players in the biotech space.


On communication: seeing a new ANDA without a PR it's very disappointing. But I have to be honest here: it fits with my gut feeling that we will have all at once.
Odidi doesn't remotely care about shareholders and market forces; he is going to build his creature with share price likely to remain well undervalued as the progress in the pipeline goes.
Then, a big palyer will just model an Excel and will get same numbers Angelo or you (or me, with my conservative 20per share based on all ANDAs) and say:
Ok, I'll take over the company considering Prordas and Regabatin almost for free.

So still a long frustration for us, then in one year we'll wake up..and that's a done deal.
This is what I see based on the Odidi attitude.