Intellipharmaceutics International Inc. (IPCI)

[Samsa]

Bernstein, The reason he did such a great job at Biovail is because he stayed in the LAB. Biovail was successful because they had team of people each good at their job.

That is what sucked me into this blackhole. Without a doubt, Odidi is a brilliant Scientist. But his management skills suck. This is where he was upset that the company was making money off his ideas and science and he thought screw that I'll work for myself.

Well he lacks the Business skills to make it work and his ego won't allow him to accept it. He has taken my investment from $40 a share to $0.53 a share. I now sit with a cost average of around $9.50 a share. Sinking more good money after bad knowing it would never get back up to $40. Thinking, The science is still good on these. all he needs to do is partner and I will be ok. And instead of partnering he turns them down and dilutes! Now look at the mess I am in! I am ruined financially. Yet, he claims he doing such a wonderful job.

The only thing I have left, is to warn people such a yourself what happened to me. You think it can't get worse, and it always does somehow.