Intellipharmaceutics International Inc. (IPCI)

[ImpactTrader16]

Again I will reiterate that I’m only selling some shares because A) I hold so many shares
B) getting board just sitting around waiting C) have other leads in stocks that can lock in gains
I will however add that almost every day I do research on other companies sub 75mil market cap and compare them to IPCI and I will confidently say that non of them have the potential that IPCI provides as well as the controlled cash burn rate and float. We are in a jam for sure but we are also positioned to launch with one positive news. This management doesn’t have the knowledge to do a reverse split AND keep share price controlled and stabilized. They don’t have investors that will support the share price after a reverse split. Therefore if they opt for a reverse, shorts will clobber the share price right back down. And we’re all DEAD!
Nasdaq compliance - extension will be granted. They need cash and the best thing to do is go get a damn loan. It’s that easy. If they have pending deals and news, then it’s the best option. Pay some interest and don’t dilute the crap out of the company. Odidi has just as much to lose as we do guys