Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Even,

I am guessing the lawyers will try to settle this. But shareholders should not accept any deal. The longer this drags on the harder it will be for Odidi to file bankruptcy and try to hand pick which assets he takes to China. I am glad to see the Canada case as well. These suits are the only thing holding the CEO con artist in check.

Sounds like they have 1.5 months worth of cash left. The next offering is going to be even worse than the last. Last offering they sold 90% of the company for $15M. This next one they will sell 90% of the company for less than $5M. I sense after this next offering another lawsuit hits suing the BOD/IPCI management for breach of fiduciary duty...