Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Tek- Q3 earnings were announced yesterday and they were horrible. They were even lower than my estimates which were the lowest ones out there. Q4 will not be CFP. They might hit $2-2.5M total. MNK sales are roughly $500K per week. The sales growth is also slowing. For IPCI to get to $3M in raw revenue per quarter, MNK needs to hit roughly $1M in sales per week. There is a long way to go... These are just my estimates though... So keep that in mind.

And Odidi is doing a horrible job at monetizing the pipeline. The impression I get is that he is indeed a micro manager that is his own worst enemy. I have defended him in the past. But I can no longer. I see the same mistakes over and over and over...