Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Weezuhl- What was Odidi thinking when he inked that offering. "Allegedly" it was to meet the shareholder equity of the NASDAQ listing. But he did that by dumping 18.5M shares at 75 cents on a sub 5M float plus 17M warrants at 75 cents. How did he think he could ever go above $1 again without a RS? He obviously knew it was impossible and he just sold his soul and all the worthless paper he could find so him and his entourage could collect checks and play in the lab for 9 more months. Well karma is a funny thing and I think this whole thing will eventually be very costly for Odidi and his wife... What if another lawsuit was commenced that did not go after IPCI but sued the Odidi's, Patient, Penna and all board members personally? Stay tuned... It could be interesting...