Intellipharmaceutics International Inc. (IPCI)

[fabius]

As I wrote last week we are approaching 0.70.

Now, the problem with these guys is they don't care about share price and the don't care about shreholders.

Someone else has been very worried about share price having just a downward direction.

Let's just hope Odidi won't be there to answer to conf call quesitons...I so horribly remember the "did you make other studies ?" - "ehm...NO"...during AdComm.

and another aspect it is Worth considering: when it comes the moment to ask NASDAQ for a 6 months extension with regards to the 2 compliance requirements (1.00 price and minimum market cap) if we will be standing @ 0.40 - 0.50$ it is not granted we will have the green light. the more the requirements are far away and the more demanding will be the authority in asking for plans and credible developments.

those who are shorting are betting for:
- new shares offering
- NASDAQ delisting

I am holding strong to my shares but I feel increasingly less comfortable as the time passes without ANY TANGIBLE development on ANY of the open projects.

I am not pessimistic, just realistic