Intellipharmaceutics International Inc. (IPCI)

[fred198484]

Unfortunately, those who took positions recently may be looking to sell on the news of the vote on Thursday (for those who are new to this ADCOM thing, the stock will not trade tomorrow), thereby limiting the gains. You need long term investors to be buying from them in greater quantity than they are selling to get the pop the company will likely deserve on Thursday.

Also, the situation with the partner for Rexista, at least regarding timing, is hard to figure out but this is the really big news that we should all really be focused on. Odidi certainly has played a good game of poker with both waiting to sign a partner to the last minute and with financing the company's operations with share issues until the last minute. It reflects his high confidence that he has played his hand this way and he had better be right. I feel pretty confident he is. But, he may drag out the partnership agreement even further if he thinks it will take longer to bring Purdue to the partnership table. Purdue needs Rexista more than anyone else both politically and economically. If Odidi gets them to do a partnership, it likely will be the most attractive terms he can get since Purdue is very wealthy and in great need of a drug like Rexista. But I just can't really tell how long that might take. It could be August or it could be much later than that. Or it may not happen at all and IPCI will need to partner with someone else. If anyone has good insight into the partnership situation, I am all ears.