Intellipharmaceutics International Inc. (IPCI)

[Samsa]

Wim, as of now he states he only wants IPCI for investment purposes. so, it makes sense with his initial investment at $11 and then again at $6. to cost average down. At the level and amount of shares he got, and then warrants at a penny, he has very little to lose even if Odidi does another Reverse split.

That's the beauty of buying this stuff as a fund. you can afford to tie up money for years and years. Unlike a little investor who needs the money out eventually.

securities of the Issuer were acquired for investment purposes. Depending on market conditions and other factors, Armistice, on behalf of the investment funds managed by it, may in the future increase or decrease its ownership, control or direction over securities of the Issuer through open market transactions, private agreements or otherwise