Intellipharmaceutics International Inc. (IPCI)

[mopar44o]

Just trying to bring some perspective here. We've all been pretty negative lately and the share price action hasn't helped one bit. Believe me I'm pissed to. My focused has shifted from jumpstarting my portfolio to hopefully breaking even at this point.

But since the new CFO has come a few months ago we have had that survey come out which many of you expressed your discontent with what's going on. We've also had an offering, which yes SUCKS. But given the nature of this one vs prior ones it appears much less toxic.

One of our chief complainants is the lack of intuitional ownership. If you look at the old info on Nasdaq it was about 3.4%. We should be upwards or close to 8% now if you look at the info on fintel.

We've seen some of the bigger holders reduce their position lately like BMO, but it seems to be hopefully trending in the right direction.

We SHOULD soon get one more ANDA approval. Which will for sure greatly improve revenue. Both of those other two products in the MNK deal are safe till end of 2018.

We're still waiting for some more regular updates from the company. But IMO things were so screwed up before (hindsight is 20/20) that its going to take a bit of time for the new CFO to get that ball rolling.

Things suck right now. But a few things have improved since the CFO took over.

I feel we need to keep expressing our discontent to the board of directors and keep in contact with the CFO for information for now. I feel these actions will be what forces change at the company.

FWIW I don't feel its a coincidence that Boyd took a ownership stake in this company being on the board for Cerecor. This is purely speculation on my behalf. But I'm starting to wondering if maybe IPCI will finally license out it delivery tech to one of Cerecor's products in development.

Either way, I just want to express that even though us long time holders are all pissed, there has been SOME changes we seem to keep forgetting about. Whether its a enough is another question to be had.