Intellipharmaceutics International Inc. (IPCI)

[Samsa]

Wim, not only does any of the people buying the offerings want him him out neither does the board. They have turned a blind eye to his performance. It makes sense that the people behind the offerings do not want him out. He hands them this game on a platter. His last offering he sold what, a total of 20 million shares for 14 million dollars when we only had 5 million outstanding after the reverse split. Those holders can now use those same shares to short him back down on his next offering. So they make their money shorting against him. And he has proved them right time and time again that he can not deliver so betting against him is the smart bet.

I agree it appears they are setting up for another run now. They are slowly covering the short position now. That is why we are seeing this slowly increase in price on no news. so right before the next offering they can short it back down forcing him to issue more shares at even lower prices.