Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

I basically threw in the towel here when june 30th came and went and no PODRAS news was brought forth and no positive news of any kind arrived all summer.

I am negative and no longer have any positive optimism to give simply because imo Odidi has failed to unlock any of the potential inherent value in IPCI's pipeline in a near remotely enough timely fashion.

It also bothers me to no end that he never changed his market approach one iota after getting all us diehard longs to do that shareholder survey last September only for all our suggestions to get completely thrown out the window and ignored.

The only storyline change attempt we saw was 1 earnings conference call...and then they quickly returned to treating their shareholders like mushrooms.

I would be a lot angrier if not for the insanely hot mj sector where I luckily put all of my salvaged IPCI's monies to work while keeping a token position here which I will sell in november.

I will be amazed if Odidi ever does anything positive here b4 a whole new round of NAZ delisting notifications arrive.

The only thing we know for certain is that it's gonna be next summer at the earliest b4 IPCI will even be in front of another adcom with Rexista and with the ongoing failure of their stagnant generics pipeline I just don't see any reason for optimism here anymore and regret ever believing in Dr. Odidi's science and abilities glty