Replies to post #35816 on Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

The more I look at this, the more I think it is to block Odidi from doing another offering. The face value of this is the prospectus calls for a "RESALE OFFERING" of shares these guys already own- for sale through underwiters, etc at $0.45. There are 6M+ shares there. So I am guessing this offering may in effect block Odidi from doing another offering of his own. Would like other opinions on this.