Intellipharmaceutics International Inc. (IPCI)

[doogdilinger]

I think we've been chewing thru some of the funder shares from their $12M raise early this year...which IPCI's stated is their last financing required to get them right through to Q4 next year where they fully expect to be generating revs from Focalin sales by then.

And the funny thing about IPCI's last financing is the attached warrants are priced at $2.50 per HALF SHARE ie: $5 per FULL SHARE...so my own suspicion is that some of this recent volume is previous funders getting in some of their big money friends at great entry prices ahead of IPCI's pending FDA approval of Focalin k!

I could be wrong of course...but big money always gets their good entry prices just prior to lift off and the same exact scenario just recently played out on another one of my long term holdings which is why I think the above scenario is a pretty close depiction of the recent activity in this stock cheers!