Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Fabius- My best guess at this point is this vote will be something to preserve the company by some combination of a merger/partnership/new equity position/sale of assets/etc. in combination with a reverse split. This will solve the NASDAQ listing problem in the following way:

1. The new merger/partnership/etc. will bring in the needed cash to meet the shareholder equity requirement for the next year. Very well could be dilutive. But here is to hoping Odidi can work this in some way that benefits shareholders.
2. Reverse split will be done to bring PPS well above the $1 per share price.

In a fantasy world I dream of Odidi having good options here, but I sense this is more an act of self preservation than anything.