Replies to post #32146 on Intellipharmaceutics International Inc. (IPCI)

[Full Contact Yoga]

That just compounds the problem. They would like to get the PPS over $1 for 10 days, hence the pump valuation. But, they'd also like to sell a ton in a private placement, with warrants, to get the cap up...of course, those come at a massive discount, but, toxicity is what it is...look for something soon, the clock is ticking, moving the PPs now has nothing to do with regaining compliance and everything to do with creating a higher close so the discount on the funding is effectually a little smaller...minimum 20% discount plus warrants IMO...not pretty.