InvestorsHub Logo

doogdilinger

01/23/18 11:19 AM

#32315 RE: sprot001 #32314

I hear ya sprot...and you're right IPCI's public company corporate logo is definitely on that billboard behind the executives.

But mopar also found an article which translated from Chinese to English appears to suggest that CEO Odidi formed Smart Pharmaceuticals Shanghai in May 2017.

So because we still haven't seen any news released by IPCI I honestly have no clue if there's any immediate benefit to IPCI.

What may have transpired/occurred so far is that Dr. Odidi formed a China based manufacturing company in May of last year called Smart Pharmaceuticals.

Then proceeded to have his Smart Pharma Shanghai manufacturing company sign a distribution deal recently with Shanghai Pharma as that photo opp suggests.

But there won't be any direct benefit to IPCI's s/h's until Smart Pharma and Shanghai Pharma actually strike a deal with IPCI to both manufacture and distribute some of IPCI's generics like Glucophage or Keppra in China.

That's what it looks like may be going on since we haven't seen any official news put out by IPCI themselves.

And I totally agree with you sprot that so far anyways it appears that Dr. Odidi is fine with leaving his IPCI shareholders in the dark.