Intellipharmaceutics International Inc. (IPCI)

[mopar44o]

The cat 3 HAP studies could take upwards of 6 months max maybe?. The cash on hand from this financing plus the increasing revenues should be sufficient till at least then. The raising of capital at this juncture like indicates that they are going forward with those studies now If I had to guess. Its probably enough to get the studies going and a little extra until seroquel revenues pick up. If one is thinking of bailing I'd wait till at least then if I was in the red. (Which I am). Hopefully those studies are done by q1 next year and they can give some positive results with the earnings report. Hell if they said they were already going in the next one it would be nice. But given how hush hush they are I'd be surprised if there was anything that gives forward guidance or insight into the operations.