Intellipharmaceutics International Inc. (IPCI)

[J_Cali]

No the burn rate isn't so bad if we get the additional ADHD dosages on the market and our May product hits the market. They obviously have several undisclosed R&D products so if they are targeting large markets then they might pay off down the road ..,,,still awaiting deal on Metformin.

However when you don't dilute a year or months from when you are expecting to run out of money then you end up diluting at under a couple of dollars per share and giving out candy warrants.

If they diluted 10m shares a year ago at $2.5 at least they would have some price stability. So not happy with their financial management and extending a loan to April when in May might need funds until royalties come in ...why not extend to dec. you can always pay it off early.

We get past the next few months we'll be okay regardless if rexista has a little bump in sept.