Intellipharmaceutics International Inc. (IPCI)

[WeeZuhl]

If anything the fact that they've given such an early record date and late shareholder vote date...it's looking more and more likely that whatever's coming for s/h's to vote on is not a reverse split...otherwise it wouldnt be getting rolled out the way it's being rolled out...and the market wouldnt be performing the way its performing.

I still think they'll announce a 10:1 reverse split, but I'll concede the way it is rolling out, it could be anything, including some crazy scenarios. If I were to engage in untethered speculation, it would make sense to come up with some deal to resolve the UBS situation to the satisfaction of all parties. Some kind of buyback/preferred share scenario that requires shareholder approval for some reason. Envision multiple buyers with enough cash to move the dial over $1, maybe with a little help from some kind of positive result. IMO, any solution that avoids a reverse split is entirely dependent on Mr. Patient's abilities and connections. Good luck to him and everyone.