Replies to post #33697 on Intellipharmaceutics International Inc. (IPCI)

[fabius]

This is the current % based on shares on hands; warrants are not included...therefore in case of excercise this numbers will increase.

... and tilator,

yes, they are IN for a profit....sure; but I prefer to have them on my side than against me.

They will sell...sure; but given the important amount of shares the EXIT STRATEGY usually can happen in corrispondence of a dramatic change:

1 - the company turnaround and they gradually reduce while the price goes in a strong uptrend (big volume)

2 - they dump and the company gets delisted and likely won't find any other funder except small fishes



Now Odidi is no more free to fool shareholders around.

I wrote here before the offerin in 2017 that Odidi dilution at ridicously low prices would have likely led to someone trying to gain a big influence position in the company.

I wrote to Odidi well before these last offerings that he would likely have someone trying to change his company IF he had decided to issue again at historical lows.

Odidi is stubborn and blind in the terms of financial markets dynamics...he deserved this, because he just cannot be the CEO of a listed company.
If you don't care about share price...sooner or later someone is going the invite himself at your dinner.

I don't know if I will ever going my breakeven; I don't know if these funds will make the turnaround happen.

What I know for sure is that Odidi's strategy is driving us shareholders against a wall.