Intellipharmaceutics International Inc. (IPCI)

[Tekterra]

Sam, one thing I've noticed is that you talk about the future as if it's sure thing and that it already happened.

I don't think many people will agree here. The fact is IPCI only has cash until July. That's 3 months of cash !! They depend on MNK launch on time, but there is no guaranty MNK will launch on time.

With such low volume and little buyers, even selling ATM will drive this lower. That's not protecting share holder value. Major turn off for investors.

Even with MNK revenue, IPCI would still be running a tight ship hard to advance what we could call it their lead tech PODRAS, or other NDAs like Regabaton, or any other none publicly known in their pipeline.

Everybody knows a biotech can't sustain itself unless they keeps pushing new R&D and for IPCI it's more than that. Not only do they need to keep pushing R&D, they need to sign deals.

We simply have no buyers, I think it was Angelo who said that.