Replies to post #29644 on Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Fred- Right. Even if they just dilute for $3M that would give the scumbags they sell these shares to enough shares and enough warrants to short this thing down 20, 30, 40%... Lets hope they have some other plan in place to come up with a couple of $M rather than an offering with warrants...

[doogdilinger]

I said on the heels of Domenic's departure that I hoped a new CFO would be appointed by September 1st...and I followed that thought up with my hopes that other significant changes would soon be taking place at IPCI's executive mgmt. roster hierarchy.

So for me anyways with the share price already sub $1 I can't see the new CFO taking on the role without a much bigger plan already well in motion behind the scenes.

What that all entails I guess we'll all soon see...but it's completely illogical for shareholders to assume the worst when IPCI themselves have already projected being incredibly close to attaining cash flow positive status.

I just don't see Dr. Odidi purposely destroying the share price and jeopardizing his NAZ listing when he and the new CFO have a multitude of other worthy options up for consideration.

Hell we have 2 already approved ANDA's shelved that could be easily used as pot sweeteners in potential partnership/licensing or drug takeover deals.

Whatever the coming outcome of the ongoing challenges ahead...I just don't see the new CFO or Dr. Odidi agreeing to todays union and the 1st order of biz being to destroy the share price and lose the NAZ listing but that's just my take on the still evolving situation behind the scenes glta