Intellipharmaceutics International Inc. (IPCI)

[mopar44o]

I agree. Put a condition that is meaningful on it. I'm all for rewarding good work. It has to mean more than "horay we got the paperwork right so it got approved" because the ANDAs are useless unless partnered and sold. Which we're not seeing. Attach the bonuses to meaningful revenue growth.

I want to see an act of faith and leadership from management. I would like to see Board of directors make significant purchases of stock on open market at this time and forgo their bonuses untill profitability is obtained. Lead by example.

We had 10 leadership principals we followed which I think would help IPCI if the adopted them.

be proficient;
know yourself and seek self-improvement;
seek and accept responsibility;
lead by example;
provide direction;
know and care for your subordinates;
develop the potential of your subordinates;
make sound and timely decisions;
build the team and challenge their abilities; and
communicate and keep your team informed;

As you can see, management is failing at just about all of those.