Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

wimike- Forget it. They got nothing. someone is just propping this up until the deal is done. Probably Wainwright and associates. They are propping price up and every share they actually sell will be short. I agree with Fabius. They need the full $15M for compliance. Once they sell that, because of cash on hand, market cap goes to $25M. So it will be a 60-70% dilution. My guess is they are trying to sell 8M shares for $2 each. What a nice way to wipe out loyal longs!

Notice Odidi did not but shares... He just loaned money with an option to buy at 10% interest. Shows how much of his money he will put at risk... Pretty much none!

And lets look at all the progress they have made in 2018... They have done NOTHING!

And thank you Andrew Patient for restoring shareholder value. The only thing you have done in your tenure is FOUR OFFERINGS.