Intellipharmaceutics International Inc. (IPCI)

[CIronman]

Unless they started selling the generics in volume today IPCI cannot survive. Even with an approval of oxycodine they would need a lot of money to launch. They even said as much. Something abstract would have to happen. I do not believe the current price either. The MM will only let you out in very small amounts. Like I said they kept lowering the bid for a mere 5000 shares after lowering the bid from .44 and .43 when I sold earlier. A few of the reasons I stayed was the CFO buying and the large amount of shares by USB. I just could not figure how operations could be funded without taking the price to .15. Even after a split and an offering they may then have short term equity but not the market cap. I had hoped for a miracle and gave up. You don't officially lose until you sell and that is why it is so hard to do. All of my shares were at $2.70. I doubled down the day before the Adcom. They stopped trading and resumed at $1.49 and here we are. Offering... another offering... another offering... and nothing but failures in between.