Intellipharmaceutics International Inc. (IPCI)

[WeeZuhl]

Amigo Mike talks, I listen.




I retract my previous opinion and associate myself with Amigo Mike's explanation from the dark web. He is consistently correct on these structure & finance issues. Amigo Mike, why do you treat us this way and make us go looking all over the internet for your informed opinions? The great unwashed need your gospel. Thank you.

You all need to go back and read very carefullly the company PRs for the last several financings. This one simple statement in the filing pretty much clarifies what is happening here.

>>>>>Represents 6,858,334 Common Shares issuable upon the exercise of certain outstanding warrants at exercise prices of $0.60, $1.25, $0.75 or $1.375 per share, to be offered and sold by the selling shareholders named in this registration statement.<<<<<

ALL OF THE WARRANTS ISSUED WITH ALL THE MOST RECENT FINANCINGS WERE UNREGISTERED WARRANTS .......thus requires a REGISTRATION STATEMENT be filed with the SEC in order to gain registration approval.

THESE SHARES DON”T EVEN EXIST. And IPCI didn’t “sell” any warrants. The shares only exist if the warrants are exercised, which at the named prices (THAT YOU CAN TIE BACKWARDS TO ALL THE RECENT FINANCINGS) ..... they won’t be unless the stock price advances ..... or they are repriced. And the warrants are worthless given the exercise price vs current price. They only have tangible value if the stock price is higher at some point during the exercise period.

The filing at this point in time means NOTHING and is a simple formality.
Amigo Mike