Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

Agreed wimusky, and unfortunately time more than proved everyone who called this disaster 5 years ago right. And their number 1 complaint back then was Dr. Odidiot and the dilutive financiers he kept going back to the broken record well with to keep paying all the salaries involved for the severe lack of progress and results.

And despite all the times back then Odidiot claimed that he knew what he was doing and the growth blueprint he had IPCI following that multiple CFO's pretended was on track, time has more than exposed that he never really had a plan or knew what he was doing...he simply rushed Rexista to a disastrous adcom any other bio CEO in his position knew was destined for failure. And despite all the additional dilution since the failed Rexista adcom he still never got Rexista back in front of another adcom. Heck he never even reached a settlement with Purdue et al despite Purdue's patent protection expiring in 2 months lol.

And 5 years ago now there was very few of us who would've ever believed that IPCI would fail as badly with their entire ANDA and NDA pipelines as they have, to the point of total and complete absurdity...as now instead of even trying to develop and commercialize generic drugs with novel delivery tech systems contained within...Dr. Odidiot has completely stripped their drug pipeline off of their corporate website and is now trying to do the exact same thing with CBD/MJ drugs he failed at doing with generics and NDA's over the past 10 and a half years...and the entire decade plus he's been at it...not once did he cut back salaries or try to cut IPCI's R&D costs.

He just keeps pumping out new fluff and diluting as a failed OTC start up company stuck in a perpetual R&D phase while all 50 IPCI employees and the board of directors involved keep getting paid for delivering a severe lack of any relevant progress or results. And the same thing that's already occurred on IPCI's failed pipeline will simply continue occurring until Odidiot bleeds this stock dry and starts spending all his time in China trying to peddle his wares over there...with the only difference being that the Chinese govt will never let him get away with half the things he got away with here...right down to not bothering to inform the market about all the CRL's IPCI was receiving...which to this day is the number 1 reason so many of us got fooled/blinded into believing his scientist background was a bonus CEO credential...when truth be told it was IPCI's main fatal flaw because a qualified bio CEO would never have purposely hid the many CRL's IPCI was receiving from the market and their shareholders!