Intellipharmaceutics International Inc. (IPCI)

[fabius]

fred, dilution when you are in lack of compliance with NASDAQ listing rilues it is more than suicidal.
you will have to issue like more 10mln more (30% dilution) shares @ current prices, since you will likely have a -20% or more after the new shares being sold, immediately contracting market cap.

the risk is that you are again in no-compliance zone in a matter of weeks. not to speak about any possible new warrants.
or a convertible...then we are dead (toxic financing).

I can see a new issue happening after a reverse split, but then we all now what happens to biotechs who go for a RS...they become the shorter paradise aiming.

therefore I truly hope mr Patience will bring some wall Street savvy, and will push the hardest possible way for any other solution.