Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Tilator- I have never found any reference to Odidi actually ever buying IPCI shares. I think he got his shares when he started the company. Then he arranged some type of share structure and basically said me the Mrs. own XXX shares. I am guessing at one point he an the Mrs. owned all the shares... Then IPCI went public and the dilution began. I CAN NOT FIND ONE SHRED OF EVIDENCE that Odidi ever paid for a single share. But we all know he has been collecting 12% on his loan forever... Not dilutive and he is the only major creditor... Thus when IPCI goes into bankruptcy he has first claim at the assets. Now think about this... Who has the most to gain by proving IPCI technology is worthless? It is Odidi as then he can grab/steal more when the doors close.