Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

Only way we'll know the final warrants strike price determined upon registration will be if/when the SEC accepts and approves the registration.

Then and only then will we know if the .60, .75 and 2 other strike prices attached to the warrants has in fact been drastically lowered to .455 cents per share or lower by the time the SEC approves the registration.

And if the warrants strike price does in fact get drastically lowered to the current share prices or lower...then for sure IPCI will probably find willing buyers to purchase em and dilute this tradable float by another approx. 6M shares ahead of next months reverse split.

That's my interpretation of the prospectus anyways...not saying I'm 100% right...just my read/take on it.