Intellipharmaceutics International Inc. (IPCI)

[Tekterra]

IPCi doesn't decided whether they get to stay on NASDAQ. Short term, they can get listing extensions, but if they can't fix the SP issue. The longer the time pass, the more likely they will delist because NASDAQ will kick them out whether they like it or not. But, I am not concerned about dilisting at this time. They can easily get 180 days extension and they are required to file sec filing so we will know about it. There is no need to be concerned about listing issue yet.

But, like I said, Odidi needs to boost moral or this could turn ugly if we hear nothing for the next few months. The fund got involved doesn't mean Odidi will agree to potential deals. It would be bad if things turn hostile when outside force trying to take control.

If anything, this potentially gets manipulated down even more than we think possible only to bounce later knowing the fundamentals still has some value long term.

What if we hit 0.50 a share in the next few months then bounce again for that trade? Maybe not 0.5 but we are seeing the 0.8 pretty soon. I am considering reducing my holding a bit even though I don't have much in IPCI at the moment to pick up some more if it does head lower.