Replies to post #32923 on Intellipharmaceutics International Inc. (IPCI)

[tilator]

2 ANDA approvals in the immediate future is what Patient said to me yesterday.

OK. Let's hope this will happen. While this is not "officially" told, it might by just a wish.

We should remember ANDAs are the only thing bringing money in and this is not going to change any time soon. More approved ANDAs would be very nice thing to happen.

Big mistake was doing the offering for only 4 million knowing they will go through it so quickly.

It was not a mistake if they had need for just this 4 million for some onetime investment and they expect income to cover expenses now. Taking too much money from the market without a need would be a mistake too.

And whatever happened to being cash flow positive? Back a couple of quarters ago they announced this and missed by a long shot and was never brought up again

Did something happen? According to what I know, it's still valid.