Intellipharmaceutics International Inc. (IPCI)

[Samsa]

Wim, you are quite right. Unless he finally makes a deal he will be doing nothing more than more diluting by or before May. It is was kept me stuck here all last year. He puts out a PR stating they are evaluating offers for Regabatin and even stated they intended to start trials by year end and they only quantified the statement by saying assuming they have the money. So if they had offers one would have expected them to take one of them before allowing the company to fail NASDAQ compliance as well as do the toxic dilutions they did.

So did they even have offers? Any offer, even if it was for only 5 million dollars plus the partner pays for trials, would have been better than falling off NASDAQ and letting the drug and pipeline sit on a shelf.