Intellipharmaceutics International Inc. (IPCI)

[fabius]

Fred, if they raise big but without selling all the new shares to a pharma partner we all are out the game. 20% discount on current prices plus a big dilution effect and we go to 0.50.
So after an ugly first raise would be dumb and suicidal a new one at this prices.
Further cash will be entering also from other Andas, likely at least one before year end.
And one more thing: we now know that some sort of negotiation is in progress with Purdue; raising before it comes to end would be massively wrong strategically.
Obviously Odidi can decide to sell 15% of ipci to an hedge fund attaching warrants and options...then we will know who is the worst CEO of 2017.
Anything can happen, I just call for a little business brain .
Jmho