Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

This offering will happen in the next couple days. Wainwright is agent. See excerpt from filing below:

Nasdaq Notices and Nasdaq Hearings Panel Grant of Request for Continued Listin
g
While we are currently not in compliance with the requirements for the continued listing of our Common Shares on Nasdaq, as
described below, we have until September 28, 2018 to satisfy those requirements. This offering and the reverse split are important parts of
our plan to regain compliance with Nasdaq’s requirements for the continued listing of our Common Shares

As you can see the offering is going to generate the $2.5M in shareholder equity. My guess is he dilutes the company about 35% to get roughly $4-5M. So sad that management is so bad that they cannot generate revenue or come up with a partnership deal. Selling 35% of the company for $4-5M is unacceptable. Once he does this we will trade at $2. Pretty ridiculous this is the best these morons can do. So what exactly are they working on? They have announced nothing but the HAP studies and those are out of house...