Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

I just don't get why IPCI management can't launch the damn PODRAS POC human trials despite raising $10M over the past 6 months?

Nor do I get why IPCI mgmt. can't launch the Rexista oral and nasal studies despite claiming 9 months ago that they were going to...and recently claiming that they had finally received the green light from the FDA to proceed?

And why continue to sit on their collective hands where the Regabatin NDA's concerned?

At this grave stage they should be taking whatever Regabatin offer they can get regardless of how weak it is! As long as a Regabatin partner will pay for the R&D themselves...sign the damn deal already and get on with something that will at least show the market they can advance something in their stagnant pipeline!

And don't even get me started on their disastrous generics pipeline. Why not do something about it instead of allowing it to continue to be a great big flashing advertisement of how piss poor mgmt.'s generics decisions have been over these past 4 years.

Collecting fat bonuses for their 4 approved ANDA's when they're not even generating $1M in per annum revs is exactly why this company's mgmt. team severely lacks vision and foresight and has ZERO propensity whatsoever to adapt and change the things that aren't working!

IPCI mgmt. has been systematically destroying shareholder value and making sure they're bonuses and fat salaries are paid the entire time!

When it comes to the future they'll survive just fine as they have absolutely ZERO regard for their core shareholders or shareholder value whatsoever.

Our only real remaining hope is that Boyd/Armistice buys up some more stock and then pushes Dr. Odidi out!

But even that seems remote at this point with the NAZ delisting looming sigh!

And finally, CFO Patient needs to remove all that bullshit about him supposedly specializing in restoring and rebuilding lost market confidence from his resume!

That's just another shining example of IPCI's mgmt. team spinning nothing but bullshit while they collect their fat pay checks and bonuses and deliver and execute on nothing!