Intellipharmaceutics International Inc. (IPCI)

[InTheTrenches]

After listening to Dr. Odidi on the recent interview and watching his actions, my view is that a buyout is highly unlikely.

- Dr. Odidi stated he wants to grow this into a large generic developer for maximum growth.

- The Odidi's own ~30% of the company shares. A hostile takeover would not succeed, so it would have to be an extremely generous offer (unlikely to happen).

- The Odidi's haven't sold a single share, and have put up their own money to support the company when raising capital was very difficult before the Focalin approval.