Intellipharmaceutics International Inc. (IPCI)

[tilator]

I would have loved to see IPCI management buy the offerings... But they did not.

Issuing warrants to the management AND not making too much noise about it is quite common when someone needs the board behind an offering.

If management is given warrants for free and next day someone will offer some decent amount of money for buying them away, it makes a hard decision much easier to make.

Having warrants is getting sales price without buying first.

B.T.W It's us. The share holders. We pay the money management get selling these warrants. We and our money is used to get management behind the "generous offer".